JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Fortis Group Advisors LLC

Fortis Group Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,239 shares of the company’s stock after purchasing an additional 1,080 shares during the period. Fortis Group Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $465,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JPST. D.A. Davidson & CO. boosted its stake in JPMorgan Ultra-Short Income ETF by 25.9% during the 4th quarter. D.A. Davidson & CO. now owns 238,090 shares of the company’s stock valued at $11,993,000 after acquiring an additional 49,005 shares during the last quarter. Truist Financial Corp lifted its position in shares of JPMorgan Ultra-Short Income ETF by 5.2% during the fourth quarter. Truist Financial Corp now owns 251,111 shares of the company’s stock worth $12,648,000 after purchasing an additional 12,463 shares during the last quarter. 5T Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $305,000. Sanctuary Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 25.7% in the fourth quarter. Sanctuary Advisors LLC now owns 145,480 shares of the company’s stock valued at $7,360,000 after buying an additional 29,754 shares during the last quarter. Finally, Americana Partners LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 2.9% during the 4th quarter. Americana Partners LLC now owns 31,327 shares of the company’s stock worth $1,578,000 after buying an additional 887 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.50 on Tuesday. The business’s fifty day moving average price is $50.48 and its 200 day moving average price is $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.