Wells Fargo & Company MN Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wells Fargo & Company MN boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the 4th quarter, Holdings Channel reports. The firm owned 7,130,097 shares of the company’s stock after acquiring an additional 224,833 shares during the period. Wells Fargo & Company MN’s holdings in JPMorgan Ultra-Short Income ETF were worth $359,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Moloney Securities Asset Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares in the last quarter. Linscomb Wealth Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 3.1% during the fourth quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after purchasing an additional 241 shares during the last quarter. Eastern Bank grew its stake in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.2% in the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after buying an additional 260 shares during the last quarter. Finally, Unique Wealth LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the 4th quarter. Unique Wealth LLC now owns 18,979 shares of the company’s stock valued at $956,000 after buying an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.1 %

Shares of NYSEARCA:JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The firm has a fifty day moving average of $50.53 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.