Stephens Inc. AR Purchases 3,195 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Stephens Inc. AR grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 757,523 shares of the company’s stock after buying an additional 3,195 shares during the quarter. Stephens Inc. AR owned 0.17% of JPMorgan Ultra-Short Income ETF worth $38,156,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $25,000. Eastern Bank raised its position in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $27,000. Sound Income Strategies LLC raised its position in JPMorgan Ultra-Short Income ETF by 82.2% in the 4th quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after purchasing an additional 338 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $49,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.43 on Friday. The firm’s 50-day moving average price is $50.48 and its two-hundred day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

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.