Central Bank & Trust Co. Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Central Bank & Trust Co. bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, Holdings Channel reports. The fund bought 1,000 shares of the company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Transform Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.9% in 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 period. Unique Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.1% in the 1st quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock valued at $517,000 after purchasing an additional 208 shares during the period. InTrack Investment Management Inc boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.4% in the 2nd quarter. InTrack Investment Management Inc now owns 8,992 shares of the company’s stock valued at $454,000 after purchasing an additional 209 shares during the period. Kathleen S. Wright Associates Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.5% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 9,307 shares of the company’s stock valued at $470,000 after purchasing an additional 226 shares during the period. Finally, Thompson Davis & CO. Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.2% in the 1st quarter. Thompson Davis & CO. Inc. now owns 7,452 shares of the company’s stock valued at $376,000 after purchasing an additional 230 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.01 during trading on Monday, reaching $50.55. The company’s stock had a trading volume of 1,804,188 shares, compared to its average volume of 3,845,945. The firm has a 50 day moving average price of $50.44 and a 200 day moving average price of $50.38. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.64.

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.