Western Wealth Management LLC Has $5.40 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Western Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,744 shares of the company’s stock after acquiring an additional 38,262 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,402,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of JPST. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after purchasing an additional 9,729,791 shares during the period. Morgan Stanley grew its position in JPMorgan Ultra-Short Income ETF by 2.4% in the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares during the last quarter. LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the period. Bank of America Corp DE increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after buying an additional 194,855 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The stock has a market cap of $40.35 billion, a PE ratio of 109.87 and a beta of 0.01. The firm has a 50-day simple moving average of $50.49 and a 200 day simple moving average of $50.56.

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.