Strategies Wealth Advisors LLC Boosts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Strategies Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 474.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 75,118 shares of the company’s stock after acquiring an additional 62,051 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 0.5% of Strategies Wealth Advisors LLC’s portfolio, making the stock its 24th biggest holding. Strategies Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,811,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JPST. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after acquiring an additional 10,546,138 shares during the period. Goldman Sachs Group Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $93,574,000. Cetera Investment Advisers increased its position in JPMorgan Ultra-Short Income ETF by 927.2% in the first quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock worth $90,336,000 after buying an additional 1,616,273 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after buying an additional 1,317,710 shares during the period. Finally, LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after buying an additional 1,235,482 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.48 on Tuesday. The stock has a 50 day moving average of $50.58 and a 200 day moving average of $50.45. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.97 and a 12-month high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.