Captrust Financial Advisors Grows Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Captrust Financial Advisors raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 725,852 shares of the company’s stock after acquiring an additional 37,392 shares during the quarter. Captrust Financial Advisors owned approximately 0.16% of JPMorgan Ultra-Short Income ETF worth $36,830,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $25,000. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $27,000. LRI Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $30,000. Hershey Financial Advisers LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $30,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $32,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.60 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.13 and a 1-year high of $50.75. The firm has a 50 day simple moving average of $50.54 and a 200-day simple moving average of $50.49.

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.