VCI Wealth Management LLC Has $17.50 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

VCI Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 345,750 shares of the company’s stock after acquiring an additional 38,489 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 4.9% of VCI Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. VCI Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $17,498,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the period. Morgan Stanley raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock valued at $3,109,705,000 after purchasing an additional 1,449,509 shares during the period. LPL Financial LLC raised 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. Bank of America Corp DE raised its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after purchasing an additional 194,855 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.57 on Friday. The business has a 50-day simple moving average of $50.52 and a two-hundred day simple moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The company has a market cap of $37.59 billion, a P/E ratio of 109.93 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Profile

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.