Prevail Innovative Wealth Advisors LLC Raises Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Prevail Innovative Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 42.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,998 shares of the company’s stock after buying an additional 2,980 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $504,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after purchasing an additional 23,971,471 shares in the last quarter. LPL Financial LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 13.6% in the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after buying an additional 1,522,758 shares during the period. HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% in 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 period. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $173,884,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

NYSEARCA JPST opened at $50.62 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The business has a 50-day moving average price of $50.53 and a 200-day moving average price of $50.52.

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.