Bay Colony Advisory Group Inc d b a Bay Colony Advisors Acquires Shares of 6,565 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, Holdings Channel.com reports. The fund bought 6,565 shares of the company’s stock, valued at approximately $332,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Matthew Goff Investment Advisor LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 13.8% during the first quarter. Matthew Goff Investment Advisor LLC now owns 117,001 shares of the company’s stock valued at $5,924,000 after purchasing an additional 14,226 shares in the last quarter. ORG Wealth Partners LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 68,146.8% during the 1st quarter. ORG Wealth Partners LLC now owns 105,100 shares of the company’s stock valued at $5,304,000 after acquiring an additional 104,946 shares during the period. Hartford Financial Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 9.7% in the first quarter. Hartford Financial Management Inc. now owns 46,716 shares of the company’s stock worth $2,365,000 after purchasing an additional 4,112 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 239.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 75,337 shares of the company’s stock worth $3,814,000 after buying an additional 53,162 shares during the last quarter. Finally, Catalina Capital Group LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 34.0% during the first quarter. Catalina Capital Group LLC now owns 93,413 shares of the company’s stock valued at $4,730,000 after buying an additional 23,700 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.57 on Friday. The company’s fifty day moving average price is $50.51 and its 200-day moving average price is $50.50. JPMorgan Ultra-Short Income ETF has a one year low of $50.25 and a one year high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.