LRI Investments LLC Takes $30,000 Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, Holdings Channel reports. The firm purchased 600 shares of the company’s stock, valued at approximately $30,000.

A number of other hedge funds also recently bought and sold shares of JPST. First Pacific Financial lifted its stake in JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after buying an additional 536 shares in the last quarter. Mine & Arao Wealth Creation & Management LLC. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $30,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $36,000. Tucker Asset Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 75.7% during 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 in the last quarter. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $42,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.57 on Monday. The firm has a 50-day simple moving average of $50.40 and a 200-day simple moving average of $50.37. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.60.

JPMorgan Ultra-Short Income ETF Company 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.