Donaldson Capital Management LLC Purchases 198,292 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Donaldson Capital Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 131.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 349,008 shares of the company’s stock after purchasing an additional 198,292 shares during the period. Donaldson Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,580,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in JPST. Atria Investments Inc increased its stake in shares of JPMorgan Ultra-Short Income ETF by 14.0% during the third quarter. Atria Investments Inc now owns 202,241 shares of the company’s stock worth $10,262,000 after purchasing an additional 24,883 shares during the period. Kennebec Savings Bank bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $27,000. Proffitt & Goodson Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 16.4% during the 3rd quarter. Proffitt & Goodson Inc. now owns 5,458 shares of the company’s stock worth $277,000 after acquiring an additional 767 shares during the period. Patten & Patten Inc. TN increased its stake in JPMorgan Ultra-Short Income ETF by 63.9% during the 3rd quarter. Patten & Patten Inc. TN now owns 14,751 shares of the company’s stock worth $748,000 after acquiring an additional 5,750 shares during the period. Finally, Jaffetilchin Investment Partners LLC increased its stake in JPMorgan Ultra-Short Income ETF by 9.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock worth $5,100,000 after acquiring an additional 8,704 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.55 on Tuesday. The stock’s fifty day moving average price is $50.49 and its two-hundred day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

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.