First Foundation Advisors Buys 18,355 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

First Foundation Advisors lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 94.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,804 shares of the company’s stock after acquiring an additional 18,355 shares during the period. First Foundation Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $1,907,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. SOA Wealth Advisors LLC. grew its position in JPMorgan Ultra-Short Income ETF by 125.9% during the fourth quarter. SOA Wealth Advisors LLC. now owns 2,130 shares of the company’s stock worth $107,000 after buying an additional 1,187 shares in the last quarter. Chesley Taft & Associates LLC grew its position in JPMorgan Ultra-Short Income ETF by 6.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 63,563 shares of the company’s stock worth $3,193,000 after buying an additional 4,100 shares in the last quarter. Brookstone Capital Management grew its position in JPMorgan Ultra-Short Income ETF by 20.5% during the fourth quarter. Brookstone Capital Management now owns 25,126 shares of the company’s stock worth $1,262,000 after buying an additional 4,276 shares in the last quarter. Choice Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 4.8% during the fourth quarter. Choice Wealth Advisors LLC now owns 179,425 shares of the company’s stock worth $9,013,000 after buying an additional 8,176 shares in the last quarter. Finally, CIC Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 4.6% during the fourth quarter. CIC Wealth LLC now owns 69,951 shares of the company’s stock worth $3,514,000 after buying an additional 3,101 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during midday trading on Friday, hitting $50.47. 1,903,385 shares of the company’s stock were exchanged, compared to its average volume of 3,753,641. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.51. The stock has a 50-day moving average price of $50.39 and a two-hundred day moving average price of $50.36.

JPMorgan Ultra-Short Income ETF Company 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.