Clarus Group Inc. Has $25.10 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Clarus Group Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 498,307 shares of the company’s stock after buying an additional 54,322 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 8.9% of Clarus Group Inc.’s investment portfolio, making the stock its 3rd largest position. Clarus Group Inc. owned 0.11% of JPMorgan Ultra-Short Income ETF worth $25,100,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in JPST. Guardian Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 25.1% during the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after purchasing an additional 8,276 shares during the period. Essex LLC increased its position in JPMorgan Ultra-Short Income ETF by 5.5% during the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after purchasing an additional 12,054 shares during the period. Bridgewater Advisors Inc. increased its position in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares during the period. Whittier Trust Co. increased its position in JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after purchasing an additional 295 shares during the period. Finally, Merit Financial Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $412,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.45 on Tuesday. The company 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 fifty-two week low of $50.20 and a fifty-two 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.