Latitude Advisors LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Latitude Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 48,515 shares of the company’s stock after buying an additional 17,267 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.7% of Latitude Advisors LLC’s portfolio, making the stock its 9th biggest holding. Latitude Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,437,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 129.2% during the 1st quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock valued at $959,758,000 after purchasing an additional 10,751,662 shares during the last quarter. Morgan Stanley grew its holdings in JPMorgan Ultra-Short Income ETF by 17.9% during the 4th quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock valued at $2,820,801,000 after purchasing an additional 8,540,248 shares during the last quarter. Jane Street Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 218.6% during the 1st quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock valued at $270,200,000 after purchasing an additional 3,684,443 shares during the last quarter. International Assets Investment Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 307.9% during the 4th quarter. International Assets Investment Management LLC now owns 983,521 shares of the company’s stock valued at $49,402,000 after purchasing an additional 742,399 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $34,706,000.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.01 during trading hours on Wednesday, hitting $50.33. The company had a trading volume of 571,902 shares, compared to its average volume of 3,756,582. JPMorgan Ultra-Short Income ETF has a 1 year low of $49.93 and a 1 year high of $50.51. The company has a 50-day moving average price of $50.34 and a two-hundred day moving average price of $50.27.

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.