JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Spire Wealth Management

Spire Wealth Management increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,203,675 shares of the company’s stock after buying an additional 179,975 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 3.4% of Spire Wealth Management’s investment portfolio, making the stock its 3rd biggest holding. Spire Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $110,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after purchasing an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after purchasing an additional 91,729 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after purchasing an additional 789,054 shares in the last quarter. HB Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after purchasing an additional 838,189 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after purchasing an additional 103,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.60 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock’s 50 day moving average price is $50.49 and its 200 day moving average price is $50.52.

JPMorgan Ultra-Short Income ETF Company 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.