Financial Enhancement Group LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Financial Enhancement Group LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,946 shares of the company’s stock after purchasing an additional 17,149 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 1.2% of Financial Enhancement Group LLC’s portfolio, making the stock its 29th biggest holding. Financial Enhancement Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,061,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. increased its holdings in 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 valued at $5,386,450,000 after buying an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% during the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock worth $393,694,000 after acquiring an additional 6,617,940 shares in the last quarter. Bank of America Corp DE boosted 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 worth $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp grew its position in shares of JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after acquiring an additional 1,921,600 shares during the period. Finally, LPL Financial LLC grew its position 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 acquiring an additional 1,459,312 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.42 on Wednesday. The firm has a market cap of $40.32 billion, a PE ratio of 109.61 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The business has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.55.

JPMorgan Ultra-Short Income ETF Company 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.