JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 456,304 shares of the company’s stock after purchasing an additional 25,732 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 2.0% of Weatherly Asset Management L. P.’s holdings, making the stock its 9th largest position. Weatherly Asset Management L. P. owned approximately 0.10% of JPMorgan Ultra-Short Income ETF worth $23,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Sovran Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $10,126,000. McBroom & Associates LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 376.3% in the fourth quarter. McBroom & Associates LLC now owns 24,119 shares of the company’s stock worth $1,215,000 after acquiring an additional 19,055 shares during the last quarter. Stonebridge Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $2,785,000. Clarus Group Inc. increased its position in JPMorgan Ultra-Short Income ETF by 12.2% during the fourth quarter. Clarus Group Inc. now owns 498,307 shares of the company’s stock worth $25,100,000 after buying an additional 54,322 shares during the last quarter. Finally, BostonPremier Wealth LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $270,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.45 on Tuesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The company’s fifty day moving average price is $50.48 and its two-hundred day moving average price is $50.52.

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.