JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is N.E.W. Advisory Services LLC’s 6th Largest Position

N.E.W. Advisory Services LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 964,963 shares of the company’s stock after purchasing an additional 77,358 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 4.6% of N.E.W. Advisory Services LLC’s portfolio, making the stock its 6th biggest holding. N.E.W. Advisory Services LLC owned about 0.21% of JPMorgan Ultra-Short Income ETF worth $48,605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JPST. The Manufacturers Life Insurance Company raised its stake in JPMorgan Ultra-Short Income ETF by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock worth $1,575,000 after acquiring an additional 2,000 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $5,598,000. Alpha Omega Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 0.3% in the 3rd quarter. Alpha Omega Wealth Management LLC now owns 761,412 shares of the company’s stock worth $38,634,000 after acquiring an additional 2,339 shares during the last quarter. Apella Capital LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.7% in the 3rd quarter. Apella Capital LLC now owns 18,716 shares of the company’s stock worth $946,000 after acquiring an additional 492 shares during the last quarter. Finally, Park Avenue Securities LLC raised its stake in JPMorgan Ultra-Short Income ETF by 125.3% in the 3rd quarter. Park Avenue Securities LLC now owns 20,661 shares of the company’s stock worth $1,048,000 after acquiring an additional 11,492 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST opened at $50.60 on Friday. The stock has a 50-day simple moving average of $50.49 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.