SRS Capital Advisors Inc. Acquires 64,399 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

SRS Capital Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18,038.9% in the second quarter, Holdings Channel reports. The institutional investor owned 64,756 shares of the company’s stock after acquiring an additional 64,399 shares during the period. SRS Capital Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,268,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $25,000. First Pacific Financial lifted its stake in JPMorgan Ultra-Short Income ETF by 1,093.9% in the 1st quarter. First Pacific Financial now owns 585 shares of the company’s stock worth $30,000 after purchasing an additional 536 shares in the last quarter. LRI Investments LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 1st quarter worth $30,000. Triad Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $32,000. Finally, Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $36,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST traded up $0.05 during trading hours on Friday, reaching $50.54. The stock had a trading volume of 4,228,264 shares, compared to its average volume of 3,876,824. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.96 and a 52 week high of $50.68. The company has a 50 day moving average price of $50.49 and a two-hundred day moving average price of $50.41.

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.