JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Sees Strong Trading Volume – Here’s What Happened

Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) saw an uptick in trading volume on Monday . 18,055,585 shares changed hands during mid-day trading, an increase of 249% from the previous session’s volume of 5,178,457 shares.The stock last traded at $50.44 and had previously closed at $50.48.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

The company’s fifty day moving average price is $50.52 and its two-hundred day moving average price is $50.52.

Institutional Trading of JPMorgan Ultra-Short Income ETF

Institutional investors have recently modified their holdings of the company. EP Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.1% in the third quarter. EP Wealth Advisors LLC now owns 73,387 shares of the company’s stock valued at $3,724,000 after purchasing an additional 4,834 shares during the last quarter. Orion Portfolio Solutions LLC increased its stake in JPMorgan Ultra-Short Income ETF by 15.0% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 105,931 shares of the company’s stock valued at $5,375,000 after buying an additional 13,857 shares during the last quarter. Laraway Financial Advisors Inc increased its stake in JPMorgan Ultra-Short Income ETF by 3.4% in the 3rd quarter. Laraway Financial Advisors Inc now owns 19,828 shares of the company’s stock valued at $1,006,000 after buying an additional 659 shares during the last quarter. MML Investors Services LLC lifted its position in JPMorgan Ultra-Short Income ETF by 18.5% during the 3rd quarter. MML Investors Services LLC now owns 943,195 shares of the company’s stock worth $47,858,000 after buying an additional 147,009 shares in the last quarter. Finally, Continuum Advisory LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 20.6% during the 3rd quarter. Continuum Advisory LLC now owns 31,611 shares of the company’s stock worth $1,595,000 after buying an additional 5,395 shares during the last quarter.

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.