JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Focus Financial Network Inc.

Focus Financial Network Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,294 shares of the company’s stock after acquiring an additional 3,641 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,327,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $25,000. First Pacific Financial lifted its holdings in JPMorgan Ultra-Short Income ETF by 1,093.9% during the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after buying an additional 536 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $30,000. LRI Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $30,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $32,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.03 during mid-day trading on Wednesday, reaching $50.60. The company’s stock had a trading volume of 1,337,401 shares, compared to its average volume of 3,844,840. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.96 and a twelve month high of $50.64. The business has a 50 day moving average price of $50.45 and a 200-day moving average price of $50.38.

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.