Gentry Private Wealth LLC Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Gentry Private Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 3rd quarter, Holdings Channel reports. The fund purchased 6,293 shares of the company’s stock, valued at approximately $319,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after acquiring an additional 91,729 shares in the last quarter. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after acquiring an additional 789,054 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in 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 worth $292,016,000 after acquiring an additional 1,053,392 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after acquiring an additional 14,611 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock worth $181,161,000 after acquiring an additional 308,312 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Friday. The firm has a 50 day moving average of $50.55 and a 200 day moving average of $50.49. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.13 and a 12-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.