JPMorgan Ultra-Short Income ETF $JPST is VCI Wealth Management LLC’s 3rd Largest Position

VCI Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 345,750 shares of the company’s stock after acquiring an additional 38,489 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 4.9% of VCI Wealth Management LLC’s holdings, making the stock its 3rd largest position. VCI Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,498,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after buying an additional 9,729,791 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in 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 valued at $393,694,000 after acquiring an additional 6,617,940 shares during the period. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $300,296,000. Bank of America Corp DE boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.57 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The firm’s 50 day simple moving average is $50.52 and its two-hundred day simple moving average is $50.59. The company has a market capitalization of $37.59 billion, a PE ratio of 109.93 and a beta of 0.01.

About JPMorgan Ultra-Short Income ETF

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.