Encompass Wealth Advisors LLC Buys 17,922 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Encompass Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 216,243 shares of the company’s stock after purchasing an additional 17,922 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 4.4% of Encompass Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Encompass Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,892,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew 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 valued at $3,731,666,000 after buying an additional 15,245,816 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of 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 acquiring an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $50,075,000. West Oak Capital LLC increased its position in 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 during the last quarter. Finally, HB Wealth Management LLC raised 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 purchasing an additional 838,189 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.44 on Friday. The company’s 50-day moving average is $50.48 and its two-hundred day moving average is $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 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.