JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Inspire Advisors LLC

Inspire Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 35.2% during the 4th quarter, Holdings Channel reports. The firm owned 8,038 shares of the company’s stock after purchasing an additional 2,091 shares during the quarter. Inspire Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $405,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JPST. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the period. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $173,884,000. Temasek Holdings Private Ltd purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $50,075,000. West Oak Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% in the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after buying an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.51 on Thursday. The company’s 50-day moving average price is $50.49 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve 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.