5,454 Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Purchased by Inscription Capital LLC

Inscription Capital LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, Holdings Channel.com reports. The institutional investor bought 5,454 shares of the company’s stock, valued at approximately $275,000.

Several other hedge funds also recently bought and sold shares of JPST. One Degree Advisors Inc raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.8% in the 4th quarter. One Degree Advisors Inc now owns 6,075 shares of the company’s stock valued at $306,000 after buying an additional 222 shares during the period. Floyd Financial Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 0.3% in the 1st quarter. Floyd Financial Group LLC now owns 76,218 shares of the company’s stock valued at $3,859,000 after acquiring an additional 239 shares in the last quarter. Linscomb Wealth Inc. grew its position in JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after acquiring an additional 241 shares in the last quarter. Apella Capital LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.5% during the first quarter. Apella Capital LLC now owns 19,521 shares of the company’s stock worth $983,000 after purchasing an additional 285 shares during the period. Finally, Coppell Advisory Solutions LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 32.7% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,161 shares of the company’s stock worth $59,000 after purchasing an additional 286 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.55 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.25 and a fifty-two week high of $50.75. The company has a 50 day moving average price of $50.51 and a 200 day moving average price of $50.50.

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.