JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by TFG Advisers LLC

TFG Advisers LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 44.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,091 shares of the company’s stock after purchasing an additional 17,362 shares during the period. JPMorgan Ultra-Short Income ETF makes up 1.0% of TFG Advisers LLC’s portfolio, making the stock its 22nd biggest position. TFG Advisers LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,825,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPST. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $25,000. Eastern Bank boosted its stake in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $27,000. Sound Income Strategies LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares during the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $50,000.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

NYSEARCA:JPST opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The stock has a 50-day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

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.