NBT Bank N A NY Has $62,000 Stock Position in JPMorgan Ultra-Short Income ETF $JPST

NBT Bank N A NY raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 467.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226 shares of the company’s stock after buying an additional 1,010 shares during the period. NBT Bank N A NY’s holdings in JPMorgan Ultra-Short Income ETF were worth $62,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Chelsea Counsel Co. bought a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at about $25,000. Pandora Wealth Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at about $34,000. Cooksen Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at about $36,000. TD Private Client Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $48,000. Finally, Sound Income Strategies LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 54.9% during the second quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock valued at $59,000 after buying an additional 412 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.61 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.76. The stock’s 50-day moving average is $50.65 and its two-hundred day moving average is $50.57. The firm has a market cap of $34.13 billion, a P/E ratio of 110.02 and a beta of 0.03.

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.