AE Wealth Management LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

AE Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 839,359 shares of the company’s stock after purchasing an additional 23,197 shares during the period. AE Wealth Management LLC owned about 0.18% of JPMorgan Ultra-Short Income ETF worth $42,362,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $25,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Triad Wealth Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $32,000. Cooksen Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $36,000. Finally, Tucker Asset Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 75.7% in the fourth quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock valued at $37,000 after acquiring an additional 317 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.65 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.96 and a twelve month high of $50.68. The company has a 50 day moving average of $50.54 and a two-hundred day moving average of $50.42.

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.