WCG Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 168.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 682,190 shares of the company’s stock after buying an additional 427,838 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 1.0% of WCG Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest position. WCG Wealth Advisors LLC owned approximately 0.10% of JPMorgan Ultra-Short Income ETF worth $34,513,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.8% in the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after acquiring an additional 7,786,258 shares in the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. UBS Group AG grew its stake in shares of JPMorgan Ultra-Short Income ETF by 5.9% in the fourth quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock valued at $479,057,000 after acquiring an additional 531,080 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% in the fourth quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock valued at $475,272,000 after acquiring an additional 140,546 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after acquiring an additional 6,617,940 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Stock Performance
JPST stock opened at $50.44 on Thursday. The company’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.61. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The company has a market capitalization of $37.49 billion, a PE ratio of 109.65 and a beta of 0.01.
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.
Featured Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- As AI Data Breaches Become More Common, This Cybersecurity ETF Is SurgingAI
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
