JPMorgan Ultra-Short Income ETF $JPST is White Wing Wealth Management’s 3rd Largest Position

White Wing Wealth Management cut its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 388,423 shares of the company’s stock after selling 13,385 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 10.2% of White Wing Wealth Management’s investment portfolio, making the stock its 3rd largest position. White Wing Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th 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 during the period. Morgan Stanley increased its position in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after acquiring 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 fourth 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 in the last quarter. Bank of America Corp DE raised its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of NYSEARCA:JPST opened at $50.44 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The stock has a market cap of $40.33 billion, a P/E ratio of 109.65 and a beta of 0.01. The business’s 50 day moving average is $50.47 and its 200 day moving average is $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.