Wealthspire Advisors LLC Acquires Shares of 81,856 JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealthspire Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 81,856 shares of the company’s stock, valued at approximately $4,123,000.

Several other institutional investors have also added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 26.2% during 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 during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after purchasing an additional 91,729 shares during the last quarter. LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after buying an additional 789,054 shares during the period. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after buying an additional 838,189 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after buying an additional 103,192 shares during the period.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of JPST opened at $50.56 on Monday. The business’s 50-day moving average price is $50.48 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month 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.