Strategic Financial Concepts LLC Increases Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Strategic Financial Concepts LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1,136.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 104,991 shares of the company’s stock after acquiring an additional 96,497 shares during the quarter. Strategic Financial Concepts LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,288,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after buying an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $50,075,000. West Oak Capital LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after buying an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after buying an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

NYSEARCA:JPST opened at $50.50 on Monday. The company’s 50 day moving average price is $50.48 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.20 and a 52 week high of $50.75.

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.