Members Trust Co Purchases New Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Members Trust Co purchased a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 18,524 shares of the company’s stock, valued at approximately $929,000. JPMorgan Ultra-Short Income ETF comprises about 0.0% of Members Trust Co’s investment portfolio, making the stock its 28th biggest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in JPST. Flagship Harbor Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 58.6% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 547,879 shares of the company’s stock worth $27,471,000 after acquiring an additional 202,503 shares during the last quarter. Castle Rock Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Castle Rock Wealth Management LLC now owns 109,682 shares of the company’s stock worth $5,480,000 after acquiring an additional 1,468 shares during the last quarter. Good Life Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1,498.0% during the 2nd quarter. Good Life Advisors LLC now owns 209,696 shares of the company’s stock worth $10,514,000 after acquiring an additional 196,574 shares during the last quarter. Level Four Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $433,000. Finally, Financial Management Professionals Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 10.4% in the 2nd quarter. Financial Management Professionals Inc. now owns 558,067 shares of the company’s stock worth $27,981,000 after purchasing an additional 52,493 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST remained flat at $50.11 during midday trading on Friday. 1,957,781 shares of the stock were exchanged, compared to its average volume of 4,720,262. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.40. The firm has a fifty day simple moving average of $50.10 and a 200 day simple moving average of $50.16.

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.