Choreo LLC Boosts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Choreo LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 565.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 344,256 shares of the company’s stock after purchasing an additional 292,546 shares during the quarter. Choreo LLC owned 0.08% of JPMorgan Ultra-Short Income ETF worth $17,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.4% during the third 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 JPMorgan Ultra-Short Income ETF during the third quarter valued at $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 valued at $46,284,000 after acquiring an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC grew its holdings 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 valued at $416,590,000 after purchasing an additional 838,189 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.43 on Wednesday. The stock has a 50-day simple moving average of $50.48 and a two-hundred day simple moving average of $50.52. 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 Company 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.