First Business Financial Services Inc. Acquires 4,609 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

First Business Financial Services Inc. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 206,520 shares of the company’s stock after acquiring an additional 4,609 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.0% of First Business Financial Services Inc.’s portfolio, making the stock its 13th biggest holding. First Business Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,402,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JPST. New Wave Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $25,000. Eastern Bank grew its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $27,000. Maryland Capital Advisors Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $31,000. Finally, Cullen Frost Bankers Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $33,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

JPMorgan Ultra-Short Income ETF stock opened at $50.49 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business has a fifty day moving average price of $50.49 and a 200-day moving average price of $50.53.

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.