23,158 Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Purchased by Zega Financial LLC

Zega Financial LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 23,158 shares of the company’s stock, valued at approximately $1,169,000.

A number of other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares during the period. LPL Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after buying an additional 1,235,482 shares during the period. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 5.8% during the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after buying an additional 443,033 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after acquiring an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after acquiring an additional 14,611 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.65 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.96 and a 52-week high of $50.68. The firm has a 50 day moving average price of $50.53 and a 200 day moving average price of $50.42.

JPMorgan Ultra-Short Income ETF 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.