JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Bridgewater Advisors Inc.’s Largest Position

Bridgewater Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,729,003 shares of the company’s stock after buying an additional 66,962 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 9.1% of Bridgewater Advisors Inc.’s portfolio, making the stock its largest position. Bridgewater Advisors Inc. owned approximately 0.38% of JPMorgan Ultra-Short Income ETF worth $87,488,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $25,000. LRI Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $30,000. Hershey Financial Advisers LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter worth $30,000. Triad Wealth Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at $32,000. Finally, EverSource Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after buying an additional 542 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.40 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.06 and a fifty-two week high of $50.75. The firm has a 50-day simple moving average of $50.57 and a two-hundred day simple moving average of $50.48.

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.