JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Wellington Wealth Strategies LLC.

Wellington Wealth Strategies LLC. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 326.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 401,578 shares of the company’s stock after buying an additional 307,388 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 18.0% of Wellington Wealth Strategies LLC.’s investment portfolio, making the stock its biggest position. Wellington Wealth Strategies LLC.’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,022,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after purchasing an additional 23,971,471 shares in the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $173,884,000. Brooklyn FI LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 6,968.8% in the 4th quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after purchasing an additional 2,937,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 118.2% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 3,781,153 shares of the company’s stock valued at $190,457,000 after purchasing an additional 2,048,587 shares during the last quarter. Finally, State of Tennessee Department of Treasury bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $91,006,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.52 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.25 and a 12-month high of $50.75. The business has a 50-day simple moving average of $50.50 and a two-hundred day simple moving average of $50.49.

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.