JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is San Luis Wealth Advisors LLC’s 5th Largest Position

San Luis Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 428,838 shares of the company’s stock after purchasing an additional 41,087 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 4.5% of San Luis Wealth Advisors LLC’s portfolio, making the stock its 5th largest holding. San Luis Wealth Advisors LLC owned about 0.09% of JPMorgan Ultra-Short Income ETF worth $21,759,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% in the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after purchasing an additional 10,546,138 shares during the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after purchasing an additional 1,235,482 shares during the last quarter. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 5.8% in 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 holdings in 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 worth $243,837,000 after buying an additional 1,317,710 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in 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 worth $182,463,000 after buying an additional 14,611 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.97 and a twelve month high of $50.75. The company’s 50 day moving average is $50.57 and its 200 day moving average is $50.45.

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.