JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Hits New 1-Year High at $50.70

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $50.70 and last traded at $50.70, with a volume of 379 shares trading hands. The stock had previously closed at $50.69.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

The firm’s fifty day moving average price is $50.55 and its 200-day moving average price is $50.43.

Institutional Inflows and Outflows

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