JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Great Point Wealth Advisors LLC’s 3rd Largest Position

Great Point Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 619,005 shares of the company’s stock after purchasing an additional 30,734 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 6.8% of Great Point Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Great Point Wealth Advisors LLC owned 0.10% of JPMorgan Ultra-Short Income ETF worth $31,340,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. NewSquare Capital LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 158.2% in the 1st quarter. NewSquare Capital LLC now owns 24,220 shares of the company’s stock worth $1,226,000 after acquiring an additional 14,838 shares during the last quarter. HUB Investment Partners LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 41.5% in the fourth quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock valued at $2,025,000 after acquiring an additional 11,794 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 10.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after purchasing an additional 506,315 shares during the period. Focus Partners Wealth increased its position in JPMorgan Ultra-Short Income ETF by 288.2% during the 4th quarter. Focus Partners Wealth now owns 539,112 shares of the company’s stock valued at $27,391,000 after purchasing an additional 400,239 shares during the period. Finally, Franklin Resources Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 6.4% in the 4th quarter. Franklin Resources Inc. now owns 485,808 shares of the company’s stock worth $24,470,000 after purchasing an additional 29,299 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.47 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.27 and a 1 year high of $50.75. The stock has a market capitalization of $31.74 billion, a P/E ratio of 109.72 and a beta of 0.03. The company’s 50-day moving average is $50.53 and its 200 day moving average is $50.51.

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.