Maple Capital Management Inc. Purchases 548 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Maple Capital Management Inc. increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,072 shares of the company’s stock after buying an additional 548 shares during the quarter. Maple Capital Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,313,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of JPST. Pinnacle Associates Ltd. grew its position in shares of JPMorgan Ultra-Short Income ETF by 87.9% during the third quarter. Pinnacle Associates Ltd. now owns 8,098 shares of the company’s stock worth $407,000 after purchasing an additional 3,788 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 6.9% in the 3rd quarter. SteelPeak Wealth LLC now owns 6,134 shares of the company’s stock worth $311,000 after purchasing an additional 394 shares during the period. US Bancorp DE grew its holdings in JPMorgan Ultra-Short Income ETF by 5.6% during the 3rd quarter. US Bancorp DE now owns 18,722 shares of the company’s stock valued at $950,000 after buying an additional 997 shares in the last quarter. Aspen Wealth Strategies LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% during the third quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after buying an additional 261 shares during the last quarter. Finally, Summit Wealth Partners LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.2% in the third quarter. Summit Wealth Partners LLC now owns 360,529 shares of the company’s stock worth $18,293,000 after buying an additional 7,703 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.66 on Friday. The firm has a fifty day moving average price of $50.49 and a 200 day moving average price of $50.53. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.