JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Mcmorgan & Co. LLC

Mcmorgan & Co. LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.6% during the second quarter, HoldingsChannel.com reports. The firm owned 699,947 shares of the company’s stock after acquiring an additional 172,065 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 5.6% of Mcmorgan & Co. LLC’s portfolio, making the stock its 5th largest holding. Mcmorgan & Co. LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $35,326,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $25,000. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $30,000. Triad Wealth Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $32,000. Cooksen Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $36,000. Finally, Tucker Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after acquiring an additional 317 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.71 on Thursday. The company’s fifty day moving average is $50.56 and its 200-day moving average is $50.43. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.73.

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.