Confluence Wealth Services Inc. Increases Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Confluence Wealth Services Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 57.6% in the 3rd quarter, Holdings Channel.com reports. The fund owned 22,824 shares of the company’s stock after purchasing an additional 8,340 shares during the period. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,158,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after acquiring an additional 10,546,138 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after purchasing an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after purchasing an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. grew 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 buying an additional 14,611 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.0% in the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.4 %

NYSEARCA JPST opened at $50.38 on Monday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.02 and a 52-week high of $50.75. The company has a fifty day moving average of $50.59 and a 200-day moving average of $50.48.

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.