MidFirst Bank Acquires New Shares in JPMorgan Ultra-Short Income ETF $JPST

MidFirst Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 73,801 shares of the company’s stock, valued at approximately $3,734,000.

Several other large investors have also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $30,000. MGB Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $30,000. Finally, Motiv8 Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The firm has a 50-day moving average price of $50.52 and a two-hundred day moving average price of $50.59. The firm has a market capitalization of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79.

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.