Daymark Wealth Partners LLC Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Daymark Wealth Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 128,243 shares of the company’s stock after buying an additional 7,317 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,507,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after buying an additional 10,546,138 shares during the last quarter. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 13.5% in the second 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. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.8% during the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after buying an additional 443,033 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after purchasing an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. grew its stake 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 during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock remained flat at $50.51 during trading hours on Wednesday. The company’s stock had a trading volume of 682,146 shares, compared to its average volume of 3,925,795. The company’s 50-day moving average is $50.57 and its two-hundred day moving average is $50.45. JPMorgan Ultra-Short Income ETF has a one year low of $49.97 and a one year 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.