72,288 Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Purchased by Newport Capital Group LLC

Newport Capital Group LLC purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 72,288 shares of the company’s stock, valued at approximately $3,648,000. JPMorgan Ultra-Short Income ETF accounts for approximately 2.9% of Newport Capital Group LLC’s holdings, making the stock its 10th biggest position.

Other institutional investors also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $25,000. LRI Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $32,000. Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $36,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 282.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock worth $37,000 after purchasing an additional 542 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

JPST opened at $50.74 on Monday. The firm has a fifty day moving average price of $50.57 and a 200 day moving average price of $50.44. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.96 and a 1 year high of $50.74.

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.