Bell Bank Purchases 22,724 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bell Bank boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 118.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,983 shares of the company’s stock after acquiring an additional 22,724 shares during the quarter. Bell Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,115,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. New Wave Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank lifted its position in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $27,000. Maryland Capital Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $31,000. Finally, Bogart Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after buying an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.56 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The stock’s fifty day moving average price is $50.48 and its 200-day moving average price is $50.52.

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.