Wellington Grp LLC Grows Stake in JPMorgan Ultra-Short Income ETF $JPST

Wellington Grp LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 251,614 shares of the company’s stock after purchasing an additional 21,937 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 3.9% of Wellington Grp LLC’s investment portfolio, making the stock its 8th biggest holding. Wellington Grp LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,734,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Webster Bank N. A. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 27.0% in the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after buying an additional 22,815 shares during the last quarter. Mezzasalma Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 70.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after acquiring an additional 33,446 shares during the last quarter. Buck Wealth Strategies LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 7.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after acquiring an additional 19,402 shares during the period. Optima Capital LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $3,485,000. Finally, Greenberg Financial Group acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $1,544,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.54 on Friday. The firm’s 50-day moving average is $50.49 and its 200-day moving average is $50.56. The stock has a market cap of $40.35 billion, a price-to-earnings ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79.

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.