N.E.W. Advisory Services LLC Acquires 77,358 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

N.E.W. Advisory Services LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 964,963 shares of the company’s stock after acquiring an additional 77,358 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 4.6% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 6th largest holding. N.E.W. Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $48,605,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Bridgewater Advisors Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after buying an additional 193,580 shares during the last quarter. Whittier Trust Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after purchasing an additional 295 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $412,000. Jaffetilchin Investment Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.5% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock worth $5,100,000 after purchasing an additional 8,704 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 100.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 10,809 shares of the company’s stock worth $548,000 after purchasing an additional 5,428 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.60 on Friday. The stock’s 50 day simple moving average is $50.49 and its 200-day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.