Private Advisor Group LLC Has $47.89 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Private Advisor Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 950,815 shares of the company’s stock after buying an additional 142,101 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $47,893,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Whittier Trust Co. increased its stake 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 in the last quarter. GFG Capital LLC increased its stake in JPMorgan Ultra-Short Income ETF by 32.8% in the third quarter. GFG Capital LLC now owns 69,705 shares of the company’s stock valued at $3,525,000 after purchasing an additional 17,227 shares in the last quarter. Roof Eidam Maycock Peralta LLC increased its stake in JPMorgan Ultra-Short Income ETF by 35.0% in the third quarter. Roof Eidam Maycock Peralta LLC now owns 362,416 shares of the company’s stock valued at $18,389,000 after purchasing an additional 93,920 shares in the last quarter. Foundations Investment Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 14.3% during the third quarter. Foundations Investment Advisors LLC now owns 77,315 shares of the company’s stock worth $3,923,000 after acquiring an additional 9,699 shares in the last quarter. Finally, Tull Financial Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $1,466,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.49 on Wednesday. The firm has a fifty day moving average of $50.48 and a 200-day moving average of $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.