Entelevest LLC Buys Shares of 101,902 JPMorgan Ultra-Short Income ETF $JPST

Entelevest LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 101,902 shares of the company’s stock, valued at approximately $5,155,000. JPMorgan Ultra-Short Income ETF accounts for about 5.2% of Entelevest LLC’s portfolio, making the stock its 3rd largest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares during the period. LPL Financial LLC grew its stake in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after acquiring an additional 1,459,312 shares during the period. Bank of America Corp DE grew its stake in JPMorgan Ultra-Short Income ETF by 15.3% in 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 acquiring an additional 2,162,615 shares during the period. UBS Group AG grew its stake in JPMorgan Ultra-Short Income ETF by 5.9% in the fourth quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock valued at $479,057,000 after acquiring an additional 531,080 shares during the period. Finally, HB Wealth Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 1.5% in the fourth quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock valued at $475,272,000 after acquiring an additional 140,546 shares during the period. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA:JPST opened at $50.45 on Thursday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.41 and a 1 year high of $50.79. The stock has a market cap of $37.50 billion, a price-to-earnings ratio of 109.67 and a beta of 0.01. The stock has a 50-day moving average price of $50.51 and a two-hundred day moving average price of $50.60.

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.