Wagner Wealth Management LLC Purchases 1,106 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wagner Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 188.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,693 shares of the company’s stock after buying an additional 1,106 shares during the period. Wagner Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $86,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of JPST. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after purchasing an additional 10,546,138 shares during the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares during the last quarter. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 5.8% in the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after acquiring an additional 443,033 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after acquiring an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after acquiring an additional 14,611 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock traded up $0.03 during midday trading on Friday, reaching $50.53. The stock had a trading volume of 5,410,681 shares, compared to its average volume of 3,952,978. The firm has a fifty day simple moving average of $50.58 and a two-hundred day simple moving average of $50.45. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.97 and a 52-week high of $50.75.

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.