Rise Advisors LLC Acquires 4,889 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rise Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 31,717 shares of the company’s stock after acquiring an additional 4,889 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 0.8% of Rise Advisors LLC’s holdings, making the stock its 15th biggest position. Rise Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,598,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position 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 purchasing an additional 15,245,816 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of 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 worth $690,096,000 after buying an additional 91,729 shares during the last quarter. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.6% during 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 during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in 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 worth $292,016,000 after acquiring an additional 1,053,392 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after acquiring an additional 14,611 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded down $0.01 during trading on Tuesday, reaching $50.41. The company had a trading volume of 2,180,800 shares, compared to its average volume of 6,157,450. The firm’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 52 week low of $50.20 and a 52 week 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.