JPMorgan Ultra-Short Income ETF $JPST Shares Bought by SkyOak Wealth LLC

SkyOak Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 581,430 shares of the company’s stock after buying an additional 31,824 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 4.8% of SkyOak Wealth LLC’s investment portfolio, making the stock its 2nd largest position. SkyOak Wealth LLC owned 0.07% of JPMorgan Ultra-Short Income ETF worth $29,403,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its holdings in 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 worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Morgan Stanley raised its stake in shares of 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 valued at $3,109,705,000 after acquiring an additional 1,449,509 shares during the last quarter. LPL Financial LLC raised its stake in shares of 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 valued at $992,621,000 after acquiring an additional 1,459,312 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 worth $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after purchasing an additional 194,855 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Down 0.4%

Shares of NYSEARCA:JPST opened at $50.36 on Wednesday. The firm has a market cap of $40.27 billion, a P/E ratio of 109.48 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.35 and a 12-month high of $50.79. The business has a fifty day simple moving average of $50.49 and a 200 day simple moving average of $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.