Synovus Financial Corp Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Synovus Financial Corp raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 80.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 623,010 shares of the company’s stock after acquiring an additional 277,669 shares during the period. Synovus Financial Corp owned approximately 0.14% of JPMorgan Ultra-Short Income ETF worth $31,611,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of JPST. Sanctuary Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 4.2% during the third quarter. Sanctuary Advisors LLC now owns 115,726 shares of the company’s stock valued at $5,846,000 after purchasing an additional 4,672 shares during the period. Anchor Investment Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.5% in the third quarter. Anchor Investment Management LLC now owns 115,953 shares of the company’s stock valued at $5,883,000 after acquiring an additional 3,967 shares during the period. Ballentine Capital Advisors Inc purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $323,000. Discipline Wealth Solutions LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $227,000. Finally, Asset Allocation Strategies LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 12.6% during the 3rd quarter. Asset Allocation Strategies LLC now owns 5,634 shares of the company’s stock valued at $286,000 after purchasing an additional 629 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.50 on Friday. The firm’s fifty day moving average is $50.50 and its 200 day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year 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.