Townsquare Capital LLC Acquires 24,874 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Townsquare Capital LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,399,169 shares of the company’s stock after purchasing an additional 24,874 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 1.5% of Townsquare Capital LLC’s investment portfolio, making the stock its 9th biggest position. Townsquare Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $121,734,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BNP Paribas Financial Markets raised its position in shares of JPMorgan Ultra-Short Income ETF by 41.2% during the third quarter. BNP Paribas Financial Markets now owns 784,410 shares of the company’s stock worth $39,801,000 after acquiring an additional 228,981 shares during the last quarter. D.A. Davidson & CO. increased its position in JPMorgan Ultra-Short Income ETF by 108.4% during the 3rd quarter. D.A. Davidson & CO. now owns 189,085 shares of the company’s stock valued at $9,594,000 after purchasing an additional 98,352 shares during the period. Bank of Montreal Can raised its holdings in JPMorgan Ultra-Short Income ETF by 82.3% during the 3rd quarter. Bank of Montreal Can now owns 205,551 shares of the company’s stock worth $10,430,000 after purchasing an additional 92,775 shares during the last quarter. Private Trust Co. NA lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 3rd quarter. Private Trust Co. NA now owns 21,106 shares of the company’s stock worth $1,071,000 after purchasing an additional 294 shares during the period. Finally, Gentry Private Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $319,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.53 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.13 and a twelve month high of $50.75. The company has a fifty day moving average of $50.54 and a 200-day moving average of $50.49.

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.