Financial Enhancement Group LLC Boosts Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Enhancement Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 96.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 122,119 shares of the company’s stock after purchasing an additional 59,861 shares during the quarter. Financial Enhancement Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,158,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of JPST. JPMorgan Chase & Co. raised its position 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 valued at $3,731,666,000 after buying an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after acquiring an additional 91,729 shares during the last quarter. LPL Financial LLC increased its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after acquiring an additional 789,054 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth 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 period. Finally, Cerity Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after purchasing an additional 308,312 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.47 on Thursday. The business’s 50 day moving average price is $50.47 and its 200-day moving average price is $50.51. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.