WJ Wealth Management LLC Takes $5.58 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

WJ Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 110,744 shares of the company’s stock, valued at approximately $5,578,000. JPMorgan Ultra-Short Income ETF makes up 1.9% of WJ Wealth Management LLC’s portfolio, making the stock its 16th largest holding.

A number of other hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position 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 worth $3,731,666,000 after buying an additional 15,245,816 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 0.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after purchasing an additional 91,729 shares during the period. LPL Financial LLC increased its stake in shares of 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 valued at $566,868,000 after purchasing an additional 789,054 shares in the last quarter. HB Wealth Management LLC lifted 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 purchasing an additional 838,189 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after buying an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.4 %

Shares of NYSEARCA:JPST opened at $50.42 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The stock has a fifty day simple moving average of $50.49 and a two-hundred day simple moving average of $50.53.

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.