Rise Advisors LLC Increases Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rise Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,828 shares of the company’s stock after purchasing an additional 3,401 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.7% of Rise Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Rise Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,361,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after buying an additional 10,546,138 shares in the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after buying an additional 1,235,482 shares during the period. HB Wealth Management LLC grew 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 valued at $405,234,000 after acquiring an additional 443,033 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 37.5% during the first 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 period. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after purchasing an additional 14,611 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.97 and a twelve month high of $50.75. The firm’s 50-day moving average price is $50.58 and its 200 day moving average price is $50.45.

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.