Webster Bank N. A. Raises Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Webster Bank N. A. increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,820 shares of the company’s stock after buying an additional 17,076 shares during the period. Webster Bank N. A.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,536,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. Chicago Partners Investment Group LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 26.7% during the 4th quarter. Chicago Partners Investment Group LLC now owns 88,356 shares of the company’s stock valued at $4,453,000 after purchasing an additional 18,626 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $93,574,000. Vima LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $56,000. Tucker Asset Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 75.7% during the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after purchasing an additional 317 shares during the last quarter. Finally, Slagle Financial LLC raised its position in JPMorgan Ultra-Short Income ETF by 95.6% in the 4th quarter. Slagle Financial LLC now owns 15,780 shares of the company’s stock worth $793,000 after purchasing an additional 7,712 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPST stock traded up $0.03 during trading on Friday, hitting $50.53. The company had a trading volume of 5,410,681 shares, compared to its average volume of 3,952,978. The company has a 50 day simple moving average of $50.58 and a 200-day simple moving average of $50.45. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75.

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.