JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Indie Asset Partners LLC

Indie Asset Partners LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 6,096 shares of the company’s stock after buying an additional 588 shares during the quarter. Indie Asset Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $307,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Ultra-Short Income ETF by 22.4% in 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 in the last quarter. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $50,075,000. West Oak Capital LLC lifted its position 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 worth $46,284,000 after purchasing an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC lifted its position 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 worth $416,590,000 after purchasing an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.56 on Friday. The firm has a 50 day simple moving average of $50.48 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two 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.