LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 8.0% in the fourth quarter, HoldingsChannel reports. The firm owned 19,620,900 shares of the company’s stock after acquiring an additional 1,459,312 shares during the period. LPL Financial LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $992,621,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. UBS Group AG increased its stake in shares of JPMorgan Ultra-Short Income ETF by 5.9% during the 4th quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock worth $479,057,000 after purchasing an additional 531,080 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1.5% during the 4th quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock worth $475,272,000 after purchasing an additional 140,546 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after purchasing an additional 6,617,940 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of JPST opened at $50.41 on Monday. The firm has a 50 day simple moving average of $50.52 and a 200-day simple moving average of $50.61. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The stock has a market cap of $37.47 billion, a price-to-earnings ratio of 109.59 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.
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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).
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