SBI Securities Co. Ltd. Buys New Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

SBI Securities Co. Ltd. bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, HoldingsChannel reports. The fund bought 13,460 shares of the company’s stock, valued at approximately $678,000.

Other large investors have also recently bought and sold shares of the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $25,000. Eastern Bank lifted its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. Kennebec Savings Bank acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. Maryland Capital Advisors Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $31,000. Finally, Bogart Wealth LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 7,744.4% in the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after acquiring an additional 697 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The business has a 50 day moving average of $50.49 and a two-hundred day moving average of $50.53.

JPMorgan Ultra-Short Income ETF 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.