Sterling Financial Group Inc. Acquires New Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sterling Financial Group Inc. bought a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 3rd quarter, Holdings Channel.com reports. The fund bought 6,178 shares of the company’s stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Transform Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.9% during the 2nd quarter. Transform Wealth LLC now owns 10,917 shares of the company’s stock valued at $551,000 after purchasing an additional 200 shares during the last quarter. InTrack Investment Management Inc boosted its position in JPMorgan Ultra-Short Income ETF by 2.4% during the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after acquiring an additional 209 shares in the last quarter. Etesian Wealth Advisors Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the second quarter. Etesian Wealth Advisors Inc. now owns 6,387 shares of the company’s stock valued at $322,000 after buying an additional 213 shares during the last quarter. Hayek Kallen Investment Management lifted its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the third quarter. Hayek Kallen Investment Management now owns 76,493 shares of the company’s stock valued at $3,881,000 after buying an additional 219 shares during the last quarter. Finally, Kathleen S. Wright Associates Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.5% during the first quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock worth $470,000 after purchasing an additional 226 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST remained flat at $50.58 during trading on Wednesday. The stock had a trading volume of 117,901 shares, compared to its average volume of 3,947,698. The business’s 50-day moving average price is $50.59 and its 200-day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year high of $50.75.

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.