Valmark Advisers Inc. Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Valmark Advisers Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 703,059 shares of the company’s stock after purchasing an additional 40,773 shares during the quarter. Valmark Advisers Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $35,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of JPST. Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $25,000. LRI Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth $30,000. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at about $30,000. Triad Wealth Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock worth $37,000 after acquiring an additional 542 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Down 0.0 %

NYSEARCA:JPST traded down $0.01 during trading hours on Tuesday, reaching $50.58. 4,514,701 shares of the company traded hands, compared to its average volume of 3,959,378. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.97 and a 1 year high of $50.75. The business’s 50-day moving average price is $50.59 and its two-hundred day moving average price is $50.47.

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.