Montecito Bank & Trust Buys Shares of 11,053 JPMorgan Ultra-Short Income ETF $JPST

Montecito Bank & Trust purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,053 shares of the company’s stock, valued at approximately $561,000.

A number of other large investors have also recently made changes to their positions in the company. Chelsea Counsel Co. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at approximately $25,000. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $37,000. Quaker Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after acquiring an additional 1,906 shares during the period. Finally, Vestor Capital LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $41,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.69 on Friday. The firm’s fifty day moving average is $50.67 and its two-hundred day moving average is $50.63. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78. The firm has a market cap of $34.24 billion, a PE ratio of 110.20 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Company Profile

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.