JPMorgan Ultra-Short Income ETF $JPST Stake Increased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,055 shares of the company’s stock after purchasing an additional 11,965 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after acquiring an additional 7,786,258 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. UBS Group AG raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.9% during the fourth quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock worth $479,057,000 after acquiring an additional 531,080 shares in the last quarter. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.5% during the fourth quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock worth $475,272,000 after acquiring an additional 140,546 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,086,795 shares of the company’s stock worth $358,734,000 after acquiring an additional 232,920 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.3%

Shares of NYSEARCA:JPST opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.41 and a 1 year high of $50.79. The business has a fifty day simple moving average of $50.57 and a 200 day simple moving average of $50.64. The firm has a market cap of $37.50 billion, a price-to-earnings ratio of 109.67 and a beta of 0.01.

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.