Wealth Enhancement Advisory Services LLC Buys 232,920 Shares of JPMorgan Ultra-Short Income ETF $JPST

Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,086,795 shares of the company’s stock after acquiring an additional 232,920 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 0.5% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 28th largest holding. Wealth Enhancement Advisory Services LLC owned 1.05% of JPMorgan Ultra-Short Income ETF worth $358,734,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at $38,000. Frazier Financial Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $41,000. Finally, Quaker Wealth Management LLC raised its position in JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.67 on Monday. The firm has a 50-day moving average of $50.66 and a 200-day moving average of $50.65. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.78. The company has a market cap of $35.95 billion, a PE ratio of 110.15 and a beta of 0.01.

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.