JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Position Increased by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 362,443 shares of the company’s stock after acquiring an additional 58,496 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 13.2% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Schwallier Wealth Management LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $18,390,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 22.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after acquiring an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after purchasing an additional 14,611 shares during the period. Cetera Investment Advisers increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.0% during the 2nd quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after buying an additional 554,564 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 6.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,201,925 shares of the company’s stock worth $111,131,000 after acquiring an additional 142,741 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.50 on Tuesday. The firm’s fifty day simple moving average is $50.56 and its 200 day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.13 and a twelve month high of $50.75.

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.