JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by American Financial Advisors LLC

American Financial Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 123,500 shares of the company’s stock after buying an additional 33,161 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 0.9% of American Financial Advisors LLC’s portfolio, making the stock its 26th largest position. American Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,203,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 129.2% during the first quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock worth $959,758,000 after purchasing an additional 10,751,662 shares during the last quarter. Morgan Stanley boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.9% during the fourth quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock worth $2,820,801,000 after purchasing an additional 8,540,248 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 218.6% during the first quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock worth $270,200,000 after purchasing an additional 3,684,443 shares during the last quarter. International Assets Investment Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 307.9% during the fourth quarter. International Assets Investment Management LLC now owns 983,521 shares of the company’s stock worth $49,402,000 after purchasing an additional 742,399 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $34,706,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock remained flat at $50.34 during mid-day trading on Friday. The stock had a trading volume of 2,937,129 shares, compared to its average volume of 3,810,098. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The company has a fifty day simple moving average of $50.34 and a 200-day simple moving average of $50.27.

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.