Rovin Capital UT ADV Makes New Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rovin Capital UT ADV bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 9,444 shares of the company’s stock, valued at approximately $476,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JPST. Sagace Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $1,994,000. Pinnacle Bancorp Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 57.1% in the fourth quarter. Pinnacle Bancorp Inc. now owns 5,500 shares of the company’s stock worth $277,000 after purchasing an additional 2,000 shares during the last quarter. Rockingstone Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 27.4% in the fourth quarter. Rockingstone Advisors LLC now owns 373,115 shares of the company’s stock valued at $18,794,000 after purchasing an additional 80,200 shares during the period. Apella Capital LLC raised its position in JPMorgan Ultra-Short Income ETF by 2.8% during the 4th quarter. Apella Capital LLC now owns 19,236 shares of the company’s stock worth $969,000 after purchasing an additional 520 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 26.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,142 shares of the company’s stock valued at $108,000 after buying an additional 450 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.47 on Thursday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The stock has a 50-day moving average of $50.47 and a 200-day moving average of $50.51.

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.