Brown Brothers Harriman & Co. Invests $265,000 in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Brown Brothers Harriman & Co. purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,245 shares of the company’s stock, valued at approximately $265,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brown Advisory Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 82.6% during the fourth quarter. Brown Advisory Inc. now owns 11,017 shares of the company’s stock valued at $553,000 after buying an additional 4,985 shares in the last quarter. Franklin Resources Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.8% in the 4th quarter. Franklin Resources Inc. now owns 455,732 shares of the company’s stock worth $22,891,000 after purchasing an additional 3,399 shares during the last quarter. InterOcean Capital Group LLC boosted its position in JPMorgan Ultra-Short Income ETF by 100.4% during the fourth quarter. InterOcean Capital Group LLC now owns 94,597 shares of the company’s stock worth $4,752,000 after purchasing an additional 47,382 shares during the period. WBI Investments LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. WBI Investments LLC now owns 65,523 shares of the company’s stock valued at $3,291,000 after purchasing an additional 1,188 shares during the last quarter. Finally, Balboa Wealth Partners raised its position in shares of JPMorgan Ultra-Short Income ETF by 21.4% in the fourth quarter. Balboa Wealth Partners now owns 20,545 shares of the company’s stock valued at $1,032,000 after purchasing an additional 3,621 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

Shares of NYSEARCA:JPST opened at $50.63 on Thursday. The stock’s 50-day moving average is $50.54 and its 200-day moving average is $50.42. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.68.

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.