JPMorgan Chase & Co. Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.6% in the 4th quarter, HoldingsChannel reports. The firm owned 97,516,324 shares of the company’s stock after buying an additional 23,971,471 shares during the quarter. JPMorgan Chase & Co. owned 0.21% of JPMorgan Ultra-Short Income ETF worth $4,911,897,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of JPST. HUB Investment Partners LLC grew its stake in JPMorgan Ultra-Short Income ETF by 41.5% in the fourth quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock worth $2,025,000 after purchasing an additional 11,794 shares during the period. Guardian Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after buying an additional 8,276 shares during the period. Essex LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after acquiring an additional 12,054 shares in the last quarter. Delta Financial Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 265.1% in the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock worth $4,467,000 after acquiring an additional 64,393 shares in the last quarter. Finally, Bridgewater Advisors Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after acquiring an additional 193,580 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.58 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The firm’s 50-day simple moving average is $50.52 and its two-hundred day simple moving average is $50.52.

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.