Silver Oak Securities Incorporated Has $2.77 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Silver Oak Securities Incorporated grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 68.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 54,806 shares of the company’s stock after buying an additional 22,356 shares during the period. Silver Oak Securities Incorporated’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,772,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in JPST. JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after acquiring an additional 91,729 shares during the period. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after acquiring an additional 789,054 shares during the last quarter. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The firm has a fifty day moving average of $50.48 and a 200-day moving average of $50.52.

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.