Perennial Investment Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 41,799 shares of the company’s stock after acquiring an additional 1,565 shares during the quarter. Perennial Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,105,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after buying an additional 23,971,471 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.6% during the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after purchasing an additional 1,522,758 shares during the last quarter. HB Wealth Management LLC boosted its position in shares of 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 valued at $416,590,000 after purchasing an additional 838,189 shares during the period. Wells Fargo & Company MN increased its stake in JPMorgan Ultra-Short Income ETF by 3.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after purchasing an additional 224,833 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after buying an additional 103,192 shares in the last quarter.
JPMorgan Ultra-Short Income ETF Price Performance
JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The firm’s 50 day simple moving average is $50.53 and its 200-day simple moving average is $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.
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