JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Reaches New 1-Year High at $50.64

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) hit a new 52-week high during trading on Monday . The company traded as high as $50.64 and last traded at $50.63, with a volume of 4552313 shares traded. The stock had previously closed at $50.61.

JPMorgan Ultra-Short Income ETF Price Performance

The business’s fifty day simple moving average is $50.46 and its two-hundred day simple moving average is $50.39.

Institutional Trading of JPMorgan Ultra-Short Income ETF

Institutional investors have recently bought and sold shares of the business. Transcend Capital Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $207,000. Principle Wealth Partners LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the fourth quarter. Principle Wealth Partners LLC now owns 134,226 shares of the company’s stock valued at $6,742,000 after acquiring an additional 1,268 shares in the last quarter. RiverFront Investment Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.4% in the fourth quarter. RiverFront Investment Group LLC now owns 107,114 shares of the company’s stock worth $5,380,000 after acquiring an additional 9,208 shares during the last quarter. Little House Capital LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 6.7% during the fourth quarter. Little House Capital LLC now owns 115,745 shares of the company’s stock worth $5,814,000 after purchasing an additional 7,256 shares in the last quarter. Finally, Blue Chip Partners LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.6% in the 4th quarter. Blue Chip Partners LLC now owns 28,332 shares of the company’s stock valued at $1,423,000 after purchasing an additional 436 shares in the last quarter.

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.