JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is First International Bank & Trust’s 10th Largest Position

First International Bank & Trust raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 125,064 shares of the company’s stock after acquiring an additional 682 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.0% of First International Bank & Trust’s holdings, making the stock its 10th biggest position. First International Bank & Trust’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,346,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. ADAR1 Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $2,461,000. Security National Bank increased its position in shares of 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 last quarter. Sollinda Capital Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $40,809,000. Scott Capital Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.8% in the first quarter. Scott Capital Advisors LLC now owns 225,146 shares of the company’s stock worth $11,327,000 after buying an additional 6,154 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. grew its position in JPMorgan Ultra-Short Income ETF by 16.0% during the first quarter. Concourse Financial Group Securities Inc. now owns 8,524 shares of the company’s stock valued at $430,000 after buying an additional 1,178 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

JPST stock traded down $0.04 during midday trading on Friday, reaching $50.48. 4,140,627 shares of the company’s stock traded hands, compared to its average volume of 3,940,665. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75. The stock’s 50-day moving average is $50.58 and its 200 day moving average is $50.45.

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.