JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Shore Point Advisors LLC

Shore Point Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 25,034 shares of the company’s stock after purchasing an additional 579 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.7% of Shore Point Advisors LLC’s portfolio, making the stock its 27th largest holding. Shore Point Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,261,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in JPMorgan Ultra-Short Income ETF by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after buying an additional 91,729 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after buying an additional 789,054 shares in the last quarter. HB Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after acquiring an additional 103,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.49 on Monday. The stock’s 50-day simple moving average is $50.48 and its 200-day simple moving average is $50.51. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two 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.