Three Seasons Wealth LLC Makes New $7.26 Million Investment in JPMorgan Ultra-Short Income ETF $JPST

Three Seasons Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 143,518 shares of the company’s stock, valued at approximately $7,263,000. JPMorgan Ultra-Short Income ETF makes up approximately 2.8% of Three Seasons Wealth LLC’s holdings, making the stock its 5th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares in the last quarter. Morgan Stanley lifted its stake in JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares during the period. LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 8.0% during the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the period. Bank of America Corp DE boosted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST stock opened at $50.48 on Thursday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The firm has a market cap of $39.90 billion, a P/E ratio of 109.74 and a beta of 0.01. The business’s 50 day moving average is $50.49 and its 200-day moving average is $50.57.

JPMorgan Ultra-Short Income ETF Company 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.