Logan Capital Management Inc. Acquires Shares of 543 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 543 shares of the company’s stock, valued at approximately $27,000.

Other institutional investors have also modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $25,000. Eastern Bank grew its position 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 valued at $26,000 after acquiring an additional 250 shares during the period. Howe & Rusling Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $26,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000. Finally, Cyrus J. Lawrence LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $31,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.45 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.25 and a 52 week high of $50.75. The stock’s 50-day moving average price is $50.50 and its 200-day moving average price is $50.50.

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.