Gateway Wealth Partners LLC Raises Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Gateway Wealth Partners LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 186.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 239,812 shares of the company’s stock after buying an additional 156,156 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,137,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Vawter Financial Ltd. increased its stake in JPMorgan Ultra-Short Income ETF by 11.3% in the 1st quarter. Vawter Financial Ltd. now owns 91,108 shares of the company’s stock worth $4,611,000 after buying an additional 9,255 shares in the last quarter. Waverly Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 54.5% in the 1st quarter. Waverly Advisors LLC now owns 1,757,191 shares of the company’s stock valued at $88,931,000 after acquiring an additional 619,736 shares during the last quarter. Bridgewater Advisors Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 2.8% in the 1st quarter. Bridgewater Advisors Inc. now owns 1,919,555 shares of the company’s stock worth $96,976,000 after purchasing an additional 51,567 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its holdings 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 purchasing an additional 1,921,600 shares during the last quarter. Finally, Gamco Investors INC. ET AL grew its position in shares of JPMorgan Ultra-Short Income ETF by 20.3% during the first quarter. Gamco Investors INC. ET AL now owns 232,833 shares of the company’s stock valued at $11,784,000 after purchasing an additional 39,241 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Monday. The firm has a market cap of $40.04 billion, a PE ratio of 109.74 and a beta of 0.01. The stock has a 50 day moving average of $50.49 and a 200 day moving average of $50.56. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79.

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.