Sterling Investment Counsel LLC Purchases New Stake in JPMorgan Ultra-Short Income ETF $JPST

Sterling Investment Counsel LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,790 shares of the company’s stock, valued at approximately $1,105,000.

Several other hedge funds have also recently bought and sold shares of the company. Chelsea Counsel Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $25,000. Brentview Investment Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. Frazier Financial Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $41,000. Finally, Quaker Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.4%

JPST opened at $50.59 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The company has a market cap of $34.17 billion, a P/E ratio of 109.98 and a beta of 0.01. The company’s 50 day moving average is $50.67 and its 200-day moving average is $50.64.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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