MBA Advisors LLC Boosts Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

MBA Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 45,111 shares of the company’s stock after purchasing an additional 3,064 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.2% of MBA Advisors LLC’s holdings, making the stock its 24th biggest holding. MBA Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,277,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $25,000. First Pacific Financial boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,093.9% in the first quarter. First Pacific Financial now owns 585 shares of the company’s stock valued at $30,000 after purchasing an additional 536 shares during the period. 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. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Finally, Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $32,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during trading on Friday, reaching $50.67. The stock had a trading volume of 3,601,403 shares, compared to its average volume of 3,856,735. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.68. The business has a 50 day moving average price of $50.48 and a 200 day moving average price of $50.40.

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.