ACT Advisors LLC. Has $8.90 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

ACT Advisors LLC. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 388.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 176,666 shares of the company’s stock after acquiring an additional 140,475 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 4.8% of ACT Advisors LLC.’s investment portfolio, making the stock its 6th biggest position. ACT Advisors LLC.’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,899,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after purchasing an additional 91,729 shares during the last quarter. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after purchasing an additional 789,054 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.4% during the 2nd 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 during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock remained flat at $50.42 during trading on Monday. 1,032,536 shares of the company traded hands, compared to its average volume of 5,765,514. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The stock has a 50 day moving average of $50.47 and a 200 day moving average of $50.51.

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.