Dudley Capital Management LLC Has $492,000 Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Dudley Capital Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 58.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,694 shares of the company’s stock after buying an additional 3,594 shares during the quarter. Dudley Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $492,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares during the period. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after acquiring an additional 1,235,482 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of 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 valued at $182,463,000 after purchasing an additional 14,611 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in JPMorgan Ultra-Short Income ETF by 31.0% in the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.08 and a 52 week high of $50.75. The stock’s 50 day moving average price is $50.57 and its two-hundred day moving average price is $50.48.

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.