Spinnaker Investment Group LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,849 shares of the company’s stock, valued at approximately $297,000.
A number of other institutional investors have also recently added to or reduced their stakes in JPST. Vawter Financial Ltd. increased its stake in JPMorgan Ultra-Short Income ETF by 3.1% during the 3rd quarter. Vawter Financial Ltd. now owns 47,515 shares of the company’s stock worth $2,411,000 after buying an additional 1,432 shares in the last quarter. Simplify Asset Management Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,044,000. Valley Wealth Managers Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 18.3% during the 3rd quarter. Valley Wealth Managers Inc. now owns 282,000 shares of the company’s stock worth $14,309,000 after purchasing an additional 43,639 shares during the last quarter. Balboa Wealth Partners lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the third quarter. Balboa Wealth Partners now owns 34,267 shares of the company’s stock worth $1,739,000 after buying an additional 802 shares in the last quarter. Finally, Diversified Portfolios Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 52.3% during the 3rd quarter. Diversified Portfolios Inc. now owns 6,643 shares of the company’s stock valued at $337,000 after acquiring an additional 2,281 shares in the last quarter.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The stock’s 50 day simple moving average is $50.56 and its 200-day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.13 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.
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