Flavin Financial Services Inc. Buys 4,744 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flavin Financial Services Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.7% during the 1st quarter, Holdings Channel.com reports. The fund owned 88,705 shares of the company’s stock after purchasing an additional 4,744 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 4.1% of Flavin Financial Services Inc.’s portfolio, making the stock its 3rd biggest position. Flavin Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,491,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPST. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after acquiring an additional 23,971,471 shares during the period. Bank of America Corp DE increased its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Bank of America Corp DE now owns 14,427,628 shares of the company’s stock worth $726,720,000 after acquiring an additional 746,626 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 13.6% during the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after buying an additional 1,522,758 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.3% during the fourth quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after buying an additional 224,833 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 10.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock worth $282,938,000 after buying an additional 506,315 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.61 on Thursday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.25 and a 12-month high of $50.75. The firm’s 50-day moving average is $50.52 and its two-hundred day moving average is $50.50.

About JPMorgan Ultra-Short Income ETF

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.