First International Bank & Trust Has $6.35 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

First International Bank & Trust lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 125,064 shares of the company’s stock after acquiring an additional 682 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 2.0% of First International Bank & Trust’s investment portfolio, making the stock its 10th largest holding. First International Bank & Trust’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,346,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock traded down $0.04 on Friday, reaching $50.48. The company had a trading volume of 4,140,627 shares, compared to its average volume of 3,940,665. The firm’s 50-day moving average price is $50.58 and its two-hundred day moving average price is $50.45. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year 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.