Wealth Enhancement Advisory Services LLC Buys 1,317,710 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.5% in the first quarter, Holdings Channel reports. The firm owned 4,833,237 shares of the company’s stock after buying an additional 1,317,710 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.6% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 25th largest holding. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $243,837,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Walker Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock worth $352,000 after purchasing an additional 203 shares during the period. Unique Wealth LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.1% in the first quarter. Unique Wealth LLC now owns 10,258 shares of the company’s stock valued at $517,000 after acquiring an additional 208 shares in the last quarter. Inscription Capital LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 4.0% in the fourth quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after acquiring an additional 214 shares in the last quarter. First Heartland Consultants Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 2.8% during the 4th quarter. First Heartland Consultants Inc. now owns 8,547 shares of the company’s stock worth $429,000 after acquiring an additional 233 shares in the last quarter. Finally, Harbor Investment Advisory LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.6% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,158 shares of the company’s stock valued at $159,000 after purchasing an additional 250 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of NYSEARCA:JPST traded up $0.02 on Thursday, hitting $50.47. 3,346,159 shares of the company’s stock were exchanged, compared to its average volume of 3,795,202. The firm’s 50-day moving average is $50.37 and its 200 day moving average is $50.35. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51.

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.