Berkshire Bank Has $17.12 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Berkshire Bank lowered its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.2% in the second quarter, HoldingsChannel reports. The firm owned 341,336 shares of the company’s stock after selling 539 shares during the period. JPMorgan Ultra-Short Income ETF makes up 4.7% of Berkshire Bank’s portfolio, making the stock its 6th largest position. Berkshire Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,115,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Gradient Investments LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 265.0% during the first quarter. Gradient Investments LLC now owns 511 shares of the company’s stock worth $26,000 after acquiring an additional 371 shares during the period. Coppell Advisory Solutions Corp. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $32,000. Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $38,000. Tanglewood Legacy Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $39,000. Finally, Householder Group Estate & Retirement Specialist LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $39,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST opened at $50.12 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.40. The company has a 50 day moving average of $50.10 and a 200-day moving average of $50.16.

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.