5T Wealth LLC Buys Shares of 6,050 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

5T Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, Holdings Channel reports. The firm acquired 6,050 shares of the company’s stock, valued at approximately $305,000.

Other large investors also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $25,000. Eastern Bank grew its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares in the last quarter. Kennebec Savings Bank bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $27,000. Maryland Capital Advisors Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $31,000. Finally, Bogart Wealth LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after acquiring an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST stock opened at $50.50 on Monday. The business has a 50-day moving average price of $50.48 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

JPMorgan Ultra-Short Income ETF 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.