Flagship Wealth Advisors LLC Invests $47,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Flagship Wealth Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 939 shares of the company’s stock, valued at approximately $47,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Moloney Securities Asset Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares in the last quarter. Linscomb Wealth Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 3.1% during the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock worth $404,000 after purchasing an additional 241 shares in the last quarter. Eastern Bank raised its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. SteelPeak Wealth LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 4.2% in the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock valued at $323,000 after acquiring an additional 260 shares in the last quarter. Finally, Edgestream Partners L.P. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock valued at $2,411,000 after acquiring an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.53 on Tuesday. The stock’s 50 day simple moving average is $50.50 and its 200 day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

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.