Flputnam Investment Management Co. Buys New Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flputnam Investment Management Co. purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,520 shares of the company’s stock, valued at approximately $277,000.

A number of other institutional investors also recently bought and sold shares of JPST. Stonehearth Capital Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.8% during the fourth quarter. Stonehearth Capital Management LLC now owns 470,497 shares of the company’s stock worth $23,586,000 after purchasing an additional 3,866 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. The Manufacturers Life Insurance Company now owns 10,200 shares of the company’s stock valued at $511,000 after buying an additional 800 shares during the period. Baird Financial Group Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 21.8% in the fourth quarter. Baird Financial Group Inc. now owns 56,881 shares of the company’s stock worth $2,851,000 after buying an additional 10,181 shares during the last quarter. Brown Advisory Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $2,806,000. Finally, Advisors Asset Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 119.6% during the fourth quarter. Advisors Asset Management Inc. now owns 2,585 shares of the company’s stock worth $130,000 after acquiring an additional 1,408 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.35 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51. The business has a 50 day moving average of $50.34 and a two-hundred day moving average of $50.27.

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.