41,580 Shares in JPMorgan Ultra-Short Income ETF $JPST Purchased by NBT Bank N.A.

NBT Bank N.A. bought a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the third quarter, HoldingsChannel.com reports. The firm bought 41,580 shares of the company’s stock, valued at approximately $2,094,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $129,000. SBI Securities Co. Ltd. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 36.1% in the third quarter. SBI Securities Co. Ltd. now owns 28,984 shares of the company’s stock valued at $1,460,000 after acquiring an additional 7,692 shares in the last quarter. Cardinal Point Capital Management ULC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at $399,000. Flavin Financial Services Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 17.1% in the third quarter. Flavin Financial Services Inc. now owns 216,508 shares of the company’s stock valued at $10,905,000 after purchasing an additional 31,635 shares during the period. Finally, Massachusetts Wealth Management boosted its holdings in JPMorgan Ultra-Short Income ETF by 15.7% in the third quarter. Massachusetts Wealth Management now owns 321,015 shares of the company’s stock valued at $16,170,000 after purchasing an additional 43,470 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.38 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79. The stock has a market capitalization of $42.88 billion, a price-to-earnings ratio of 109.52 and a beta of 0.01. The business has a fifty day moving average price of $50.38 and a 200 day moving average price of $50.46.

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.