Chesley Taft & Associates LLC Raises Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Chesley Taft & Associates LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 61,828 shares of the company’s stock after purchasing an additional 8,000 shares during the quarter. Chesley Taft & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Eastern Bank grew its stake in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $27,000. Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at $30,000. Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $50,000. Finally, Whittier Trust Co. boosted 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.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.49 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The company’s 50-day moving average is $50.48 and its 200 day moving average is $50.52.

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.