JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 107,960 shares of the company’s stock after purchasing an additional 19,458 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,438,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.4% during the second quarter. HB Wealth Management LLC now owns 10,065,428 shares of the company’s stock worth $506,509,000 after purchasing an additional 514,497 shares during the last quarter. Royal Bank of Canada grew its position in JPMorgan Ultra-Short Income ETF by 11.1% in the 1st quarter. Royal Bank of Canada now owns 5,372,821 shares of the company’s stock valued at $271,917,000 after buying an additional 534,875 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in JPMorgan Ultra-Short Income ETF by 7.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,647,775 shares of the company’s stock valued at $184,468,000 after buying an additional 245,314 shares during the last quarter. Cetera Investment Advisers increased its stake in JPMorgan Ultra-Short Income ETF by 10.2% in the 1st quarter. Cetera Investment Advisers now owns 3,377,302 shares of the company’s stock valued at $170,925,000 after buying an additional 312,033 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock traded up $0.02 during mid-day trading on Wednesday, hitting $50.27. The stock had a trading volume of 6,289,955 shares, compared to its average volume of 6,806,875. The firm has a market cap of $42.38 billion, a PE ratio of 109.28 and a beta of 0.01. The company’s 50-day simple moving average is $50.41 and its 200-day simple moving average is $50.47. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79.

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.