Alliance Wealth Advisors LLC UT Has $13.87 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Alliance Wealth Advisors LLC UT lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 275,425 shares of the company’s stock after purchasing an additional 393 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 3.6% of Alliance Wealth Advisors LLC UT’s investment portfolio, making the stock its biggest holding. Alliance Wealth Advisors LLC UT’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,873,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $50,075,000. West Oak Capital LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% in the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after buying an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Down 0.4 %

JPST stock opened at $50.42 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The business’s 50-day moving average price is $50.49 and its two-hundred day moving average price is $50.53.

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.