JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Sets New 12-Month High at $50.68

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) reached a new 52-week high during trading on Wednesday . The company traded as high as $50.68 and last traded at $50.66, with a volume of 2726011 shares traded. The stock had previously closed at $50.65.

JPMorgan Ultra-Short Income ETF Price Performance

The business’s fifty day simple moving average is $50.53 and its 200 day simple moving average is $50.42.

Institutional Trading of JPMorgan Ultra-Short Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JPST. ADAR1 Capital Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $2,461,000. Peapack Gladstone Financial Corp raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.3% during the 4th quarter. Peapack Gladstone Financial Corp now owns 429,869 shares of the company’s stock worth $21,592,000 after purchasing an additional 1,252 shares during the period. Insight 2811 Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. Insight 2811 Inc. now owns 112,515 shares of the company’s stock worth $5,652,000 after purchasing an additional 53,030 shares during the last quarter. Security National Bank boosted its position in JPMorgan Ultra-Short Income ETF by 6.3% during the 4th quarter. Security National Bank now owns 9,853 shares of the company’s stock valued at $495,000 after purchasing an additional 588 shares during the period. Finally, Catalytic Wealth RIA LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $1,162,000.

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.