Synovus Financial Corp Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Synovus Financial Corp raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 80.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 623,010 shares of the company’s stock after buying an additional 277,669 shares during the period. Synovus Financial Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $31,611,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JPST. Whittier Trust Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after purchasing an additional 295 shares in the last quarter. Brookstone Capital Management grew its holdings in JPMorgan Ultra-Short Income ETF by 14.7% in the 2nd quarter. Brookstone Capital Management now owns 26,243 shares of the company’s stock valued at $1,324,000 after buying an additional 3,354 shares in the last quarter. Jaffetilchin Investment Partners LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock valued at $5,100,000 after buying an additional 8,704 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of JPMorgan Ultra-Short Income ETF by 100.9% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock worth $548,000 after acquiring an additional 5,428 shares during the last quarter. Finally, Zega Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.4% during the 3rd quarter. Zega Financial LLC now owns 30,205 shares of the company’s stock worth $1,533,000 after acquiring an additional 7,047 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.50 on Friday. The firm has a 50-day moving average price of $50.50 and a 200 day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month 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.