Insight Wealth Partners LLC Buys 179,408 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Insight Wealth Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 44.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 583,941 shares of the company’s stock after acquiring an additional 179,408 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 5.1% of Insight Wealth Partners LLC’s investment portfolio, making the stock its 2nd biggest position. Insight Wealth Partners LLC owned 0.13% of JPMorgan Ultra-Short Income ETF worth $29,472,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $25,000. Mine & Arao Wealth Creation & Management LLC. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $30,000. First Pacific Financial lifted its stake in JPMorgan Ultra-Short Income ETF by 1,093.9% in the first quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after acquiring an additional 536 shares during the period. LRI Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at $30,000. Finally, Triad Wealth Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $32,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST traded up $0.03 on Friday, hitting $50.54. 3,229,355 shares of the company traded hands, compared to its average volume of 3,858,720. The stock has a 50 day simple moving average of $50.44 and a 200-day simple moving average of $50.38. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.64.

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.