OLD Mission Capital LLC Purchases New Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

OLD Mission Capital LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, HoldingsChannel reports. The fund acquired 18,874 shares of the company’s stock, valued at approximately $951,000.

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

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The firm’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.52.

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.