WCG Wealth Advisors LLC Purchases 427,838 Shares of JPMorgan Ultra-Short Income ETF $JPST

WCG Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 168.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 682,190 shares of the company’s stock after purchasing an additional 427,838 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.0% of WCG Wealth Advisors LLC’s investment portfolio, making the stock its 25th largest position. WCG Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $34,513,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Lakeridge Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after purchasing an additional 206 shares during the period. EverSource Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares during the period. Lantern Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after purchasing an additional 226 shares during the period. Condor Capital Management lifted its position in JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after purchasing an additional 231 shares during the period. Finally, Keel Point LLC lifted its position in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after purchasing an additional 239 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.42 and a twelve month high of $50.79. The company has a 50-day simple moving average of $50.52 and a 200 day simple moving average of $50.61. The stock has a market capitalization of $37.49 billion, a price-to-earnings ratio of 109.65 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.