Maple Capital Management Inc. Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Maple Capital Management Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,072 shares of the company’s stock after buying an additional 548 shares during the period. 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 and hedge funds have also recently modified their holdings of JPST. New Wave Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $25,000. Eastern Bank increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after purchasing an additional 250 shares in the last quarter. Kennebec Savings Bank purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $27,000. Maryland Capital Advisors Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $31,000. Finally, Bogart Wealth LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% in the fourth quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock worth $36,000 after buying an additional 697 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.66 on Friday. The business 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 one year low of $50.20 and a one year high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.