Crewe Advisors LLC Has $8.72 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Crewe Advisors LLC reduced its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 171,892 shares of the company’s stock after selling 27,823 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.0% of Crewe Advisors LLC’s holdings, making the stock its 20th largest position. Crewe Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Charles Schwab Investment Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after acquiring an additional 91,729 shares during the period. LPL Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after purchasing an additional 789,054 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake 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 worth $292,016,000 after purchasing an additional 1,053,392 shares during the period. Envestnet Asset Management Inc. lifted its holdings in JPMorgan Ultra-Short Income ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after purchasing an additional 14,611 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in 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 period.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.13 and a 52 week high of $50.75. The company’s 50-day simple moving average is $50.55 and its 200 day simple moving average is $50.49.

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.