Centerpoint Advisory Group Invests $519,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Centerpoint Advisory Group bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 10,309 shares of the company’s stock, valued at approximately $519,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JPST. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after acquiring an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $50,075,000. West Oak Capital LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% during the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after acquiring an additional 885,093 shares during the period. Finally, HB Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.50 on Friday. The business has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.