42,792 Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Acquired by Transcendent Capital Group LLC

Transcendent Capital Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 42,792 shares of the company’s stock, valued at approximately $2,149,000. JPMorgan Ultra-Short Income ETF comprises approximately 1.4% of Transcendent Capital Group LLC’s holdings, making the stock its 27th largest holding.

Other hedge funds have also recently bought and sold shares of the company. Mine & Arao Wealth Creation & Management LLC. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $30,000. Mendota Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $34,000. Pacific Capital Wealth Advisors Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $45,000. NBC Securities Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $47,000. Finally, Signature Resources Capital Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during mid-day trading on Friday, hitting $50.40. 2,971,440 shares of the company’s stock were exchanged, compared to its average volume of 3,765,844. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.51. The company’s 50 day simple moving average is $50.35 and its 200-day simple moving average is $50.34.

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.