Wellington Grp LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 269,355 shares of the company’s stock after acquiring an additional 17,741 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 3.4% of Wellington Grp LLC’s investment portfolio, making the stock its 9th largest position. Wellington Grp LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,621,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in JPST. JPMorgan Chase & Co. raised its holdings in shares of 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 purchasing 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 fourth quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after purchasing 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 second 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 in the last quarter. Adventist Health System Sunbelt Healthcare Corp increased its holdings in JPMorgan Ultra-Short Income ETF by 215.9% during the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock valued at $142,290,000 after buying an additional 1,921,600 shares during the period. Finally, LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after buying an additional 1,459,312 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Price Performance
JPMorgan Ultra-Short Income ETF stock opened at $50.39 on Monday. The firm has a market cap of $40.29 billion, a P/E ratio of 109.54 and a beta of 0.01. The business has a fifty day moving average of $50.48 and a two-hundred day moving average of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.35 and a twelve month high of $50.79.
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.
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