Sheets Smith Wealth Management Grows Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sheets Smith Wealth Management grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 42,501 shares of the company’s stock after acquiring an additional 1,334 shares during the period. Sheets Smith Wealth Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,141,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in 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 worth $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares in the last quarter. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $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 worth $46,284,000 after buying an additional 885,093 shares in the last quarter. Finally, HB Wealth Management LLC boosted its position in 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 acquiring an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST stock opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The firm’s 50-day simple moving average is $50.48 and its 200-day simple moving average is $50.52.

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.