JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Apella Capital LLC

Apella Capital LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,716 shares of the company’s stock after buying an additional 492 shares during the period. Apella Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $946,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $25,000. LRI Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $30,000. Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $32,000. Finally, Cooksen Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $36,000.

JPMorgan Ultra-Short Income ETF Trading Down 0.1 %

JPST traded down $0.04 on Friday, hitting $50.48. 4,140,627 shares of the company’s stock were exchanged, compared to its average volume of 3,940,665. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week high of $50.75. The firm has a 50-day moving average price of $50.58 and a 200-day moving average price of $50.45.

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.