Canvas Wealth Advisors LLC Raises Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Canvas Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,965 shares of the company’s stock after purchasing an additional 17,991 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 0.9% of Canvas Wealth Advisors LLC’s holdings, making the stock its 28th largest holding. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,386,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of JPST. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after purchasing an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $50,075,000. West Oak Capital LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% in the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after purchasing an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.43 on Monday. The firm has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75.

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.