Valmark Advisers Inc. Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Valmark Advisers Inc. grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 662,286 shares of the company’s stock after purchasing an additional 40,007 shares during the period. Valmark Advisers Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $33,426,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in JPST. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth $25,000. First Pacific Financial raised its stake in shares of 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 purchasing an additional 536 shares during the period. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $30,000. Triad Wealth Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $32,000. Finally, Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $36,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPST traded up $0.01 during midday trading on Friday, reaching $50.67. The company 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 12-month low of $49.96 and a 12-month high of $50.68. The business has a 50-day moving average price of $50.48 and a two-hundred 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.