JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Weatherly Asset Management L. P.’s 8th Largest Position

Weatherly Asset Management L. P. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 403,780 shares of the company’s stock after buying an additional 23,665 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 2.2% of Weatherly Asset Management L. P.’s portfolio, making the stock its 8th biggest holding. Weatherly Asset Management L. P.’s holdings in JPMorgan Ultra-Short Income ETF were worth $20,377,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in JPST. RFG Advisory LLC bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth $404,000. Trilogy Capital Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at $2,278,000. DAVENPORT & Co LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 19.1% in the third quarter. DAVENPORT & Co LLC now owns 23,714 shares of the company’s stock valued at $1,190,000 after buying an additional 3,808 shares in the last quarter. Paladin Advisory Group LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 5.0% in the third quarter. Paladin Advisory Group LLC now owns 87,697 shares of the company’s stock valued at $4,401,000 after buying an additional 4,173 shares in the last quarter. Finally, Avior Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the third quarter. Avior Wealth Management LLC now owns 56,307 shares of the company’s stock valued at $2,826,000 after buying an additional 1,406 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded up $0.02 during midday trading on Tuesday, reaching $50.38. The company’s stock had a trading volume of 3,190,520 shares, compared to its average volume of 3,824,283. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.51. The business’s fifty day simple moving average is $50.34 and its 200-day simple moving average is $50.28.

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.