Greenwood Gearhart Inc. Has $80.33 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Greenwood Gearhart Inc. lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,587,784 shares of the company’s stock after purchasing an additional 192,915 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 4.4% of Greenwood Gearhart Inc.’s portfolio, making the stock its 4th biggest position. Greenwood Gearhart Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $80,326,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.8% in 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 during the period. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at $300,296,000. Bank of America Corp DE boosted its stake in 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 valued at $826,438,000 after buying an additional 2,162,615 shares during the period. Kensington Asset Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1,382.7% during the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock valued at $54,800,000 after buying an additional 1,007,375 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its stake in JPMorgan Ultra-Short Income ETF by 89.2% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock valued at $95,966,000 after buying an additional 891,700 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.50 on Friday. The firm has a market capitalization of $37.53 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The stock has a fifty day moving average of $50.55 and a 200 day moving average of $50.63.

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.