Sandy Spring Bank boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 18.8% in the fourth quarter, HoldingsChannel reports. The firm owned 187,920 shares of the company’s stock after buying an additional 29,789 shares during the period. Sandy Spring Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,466,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $25,000. Eastern Bank raised its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares during the period. Maryland Capital Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $31,000. Cullen Frost Bankers Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $33,000. Finally, Bogart Wealth LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% in the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after acquiring an additional 697 shares during the period.
JPMorgan Ultra-Short Income ETF Trading Up 0.1 %
Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.57 on Thursday. The firm has a 50-day simple moving average of $50.51 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.
JPMorgan Ultra-Short Income ETF 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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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