Clarity Financial LLC Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Clarity Financial LLC bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,917 shares of the company’s stock, valued at approximately $299,000.

Several other hedge funds and other institutional investors have also bought and sold shares of JPST. Mine & Arao Wealth Creation & Management LLC. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. Mendota Financial Group LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $34,000. Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $36,000. Tucker Asset Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after purchasing an additional 317 shares during the last quarter. Finally, Pacific Capital Wealth Advisors Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $45,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.46 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51. The firm has a fifty day simple moving average of $50.37 and a two-hundred day simple moving average of $50.35.

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.