Sage Financial Group Inc. Buys 4,507 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sage Financial Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,025 shares of the company’s stock after acquiring an additional 4,507 shares during the quarter. Sage Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,066,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Eastern Bank raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after acquiring an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at $27,000. Sound Income Strategies LLC lifted its position in JPMorgan Ultra-Short Income ETF by 82.2% during the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock valued at $38,000 after purchasing an additional 338 shares during the last quarter. Sugar Maple Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $50,000. Finally, Whittier Trust Co. grew its stake in shares of 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 buying an additional 295 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.57 on Thursday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The firm’s 50-day moving average price is $50.48 and its 200-day moving average price 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.