Sage Financial Group Inc. Has $1.85 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sage Financial Group Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,518 shares of the company’s stock after purchasing an additional 5,112 shares during the quarter. Sage Financial Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,853,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JPST. JPMorgan Chase & Co. increased its stake 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 buying an additional 10,546,138 shares during the period. LPL Financial LLC boosted its stake 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. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% in 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 last quarter. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% during 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. Finally, Cetera Investment Advisers raised its stake in shares of JPMorgan Ultra-Short Income ETF by 31.0% during the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.38 on Friday. The firm’s 50 day moving average price is $50.59 and its two-hundred day moving average price is $50.47. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.02 and a 52-week high of $50.75.

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.