JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by First Pacific Financial

First Pacific Financial grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 512.8% during the first quarter, Holdings Channel.com reports. The firm owned 464,030 shares of the company’s stock after buying an additional 388,312 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 4.8% of First Pacific Financial’s portfolio, making the stock its 6th biggest holding. First Pacific Financial’s holdings in JPMorgan Ultra-Short Income ETF were worth $23,494,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 8.4% in the fourth quarter. First Horizon Advisors Inc. now owns 3,873 shares of the company’s stock worth $195,000 after buying an additional 300 shares during the last quarter. Strategent Financial LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $16,427,000. Daner Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $1,549,000. Ascension Capital Advisors Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 126.0% in the 4th quarter. Ascension Capital Advisors Inc. now owns 395,769 shares of the company’s stock valued at $19,935,000 after buying an additional 220,658 shares during the period. Finally, Siligmueller & Norvid Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $1,095,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.61 on Wednesday. The business has a 50 day simple moving average of $50.52 and a 200 day simple moving average of $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one 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.