Webster Bank N. A. Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Webster Bank N. A. raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,483 shares of the company’s stock after buying an additional 7,663 shares during the quarter. Webster Bank N. A.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,875,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of JPST. Eastern Bank raised its stake in JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the last quarter. Kennebec Savings Bank purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $27,000. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $30,000. Sound Income Strategies LLC grew its position in JPMorgan Ultra-Short Income ETF by 82.2% during the 4th 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. Finally, Sugar Maple Asset Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $50,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA JPST opened at $50.53 on Monday. 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 has a 52-week low of $50.20 and a 52-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.