Galvin Gaustad & Stein LLC Has $2.62 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Galvin Gaustad & Stein LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,057 shares of the company’s stock after buying an additional 4,760 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,622,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Eastern Bank lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the last quarter. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $27,000. Hershey Financial Advisers LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $30,000. Sugar Maple Asset Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $50,000. Finally, Whittier Trust Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 29.5% in the third quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.52 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The stock has a fifty day simple moving average of $50.48 and a 200 day simple moving average of $50.52.

About JPMorgan Ultra-Short Income ETF

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.