LaSalle St. Investment Advisors LLC Buys 776 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LaSalle St. Investment Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,319 shares of the company’s stock after purchasing an additional 776 shares during the quarter. LaSalle St. Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $721,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $25,000. Eastern Bank grew its position in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares in the last quarter. Howe & Rusling Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $26,000. Maryland Capital Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $31,000. Finally, Cyrus J. Lawrence LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of NYSEARCA JPST opened at $50.39 on Monday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The firm’s 50 day simple moving average is $50.51 and its two-hundred day simple moving average is $50.50.

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.