Confluence Wealth Services Inc. Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Confluence Wealth Services Inc. boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,791 shares of the company’s stock after buying an additional 2,373 shares during the period. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $645,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock valued at $902,891,000 after buying an additional 5,127,429 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 29.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock valued at $675,949,000 after buying an additional 3,081,352 shares during the period. HB Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 8.4% in the 4th quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after buying an additional 593,425 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings 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 buying an additional 1,317,710 shares during the period. Finally, Royal Bank of Canada increased its stake in JPMorgan Ultra-Short Income ETF by 5.2% during the third quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after purchasing an additional 190,121 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

NYSEARCA:JPST traded up $0.01 on Tuesday, reaching $50.44. 4,427,504 shares of the company’s stock were exchanged, compared to its average volume of 3,861,702. The business has a fifty day moving average of $50.35 and a 200-day moving average of $50.29. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51.

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.