JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Sets New 12-Month High at $50.37

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Get Rating) shares reached a new 52-week high on Thursday . The stock traded as high as $50.37 and last traded at $50.36, with a volume of 460231 shares trading hands. The stock had previously closed at $50.33.

JPMorgan Ultra-Short Income ETF Price Performance

The firm’s 50-day moving average is $50.25.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of JPST. James Investment Research Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $25,000. Richard W. Paul & Associates LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $28,000. Fiduciary Alliance LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth $29,000. Ronald Blue Trust Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 1,042.3% in the fourth quarter. Ronald Blue Trust Inc. now owns 594 shares of the company’s stock worth $30,000 after purchasing an additional 542 shares during the period. Finally, U.S. Capital Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $30,000.

About JPMorgan Ultra-Short Income ETF

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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.