AdvisorNet Financial Inc Increases Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

AdvisorNet Financial Inc raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 24.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 418,650 shares of the company’s stock after purchasing an additional 81,769 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.8% of AdvisorNet Financial Inc’s investment portfolio, making the stock its 8th biggest holding. AdvisorNet Financial Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $21,087,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after buying an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after acquiring an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $50,075,000. West Oak Capital LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after purchasing an additional 885,093 shares in the last quarter. Finally, LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after purchasing an additional 789,054 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.43 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The stock’s 50 day moving average is $50.47 and its 200 day moving average is $50.51.

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.