Thoroughbred Financial Services LLC Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Thoroughbred Financial Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 89.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 25,436 shares of the company’s stock after buying an additional 12,002 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,281,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JPST. New Wave Wealth Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $25,000. Eastern Bank increased its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the period. Howe & Rusling Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $26,000. Maryland Capital Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $31,000. Finally, Cyrus J. Lawrence LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $31,000.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The company has a 50 day moving average price of $50.53 and a 200-day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.