Wealth Enhancement Trust Services Inc. Buys 19,458 Shares of JPMorgan Ultra-Short Income ETF $JPST

Wealth Enhancement Trust Services Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 107,960 shares of the company’s stock after buying an additional 19,458 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,438,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Strengthening Families & Communities LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $28,000. Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $32,000. Beacon Financial Strategies CORP acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at $34,000. Allied Private Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $38,000. Finally, Rice Partnership LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after purchasing an additional 655 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST traded up $0.02 during midday trading on Wednesday, reaching $50.27. 6,289,955 shares of the stock were exchanged, compared to its average volume of 6,806,875. The company has a market capitalization of $42.38 billion, a price-to-earnings ratio of 109.28 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.79. The business’s 50-day moving average price is $50.41 and its 200 day moving average price is $50.47.

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.