MidFirst Bank Purchases New Stake in JPMorgan Ultra-Short Income ETF $JPST

MidFirst Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 73,801 shares of the company’s stock, valued at approximately $3,734,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $28,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $30,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $30,000. Finally, Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA:JPST opened at $50.50 on Friday. The company has a market cap of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79. The firm has a 50-day simple moving average of $50.52 and a 200 day simple moving average of $50.59.

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.