NavPoint Financial Inc. cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 4.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 174,374 shares of the company’s stock after selling 8,674 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 7.1% of NavPoint Financial Inc.’s portfolio, making the stock its 3rd biggest holding. NavPoint Financial Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,848,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in JPST. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after buying an additional 10,546,138 shares during the last quarter. LPL Financial LLC boosted its holdings in 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 valued at $524,028,000 after purchasing an additional 1,235,482 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after purchasing an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after purchasing an additional 14,611 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 31.0% in the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after buying an additional 554,564 shares during the period.
JPMorgan Ultra-Short Income ETF Trading Up 0.1 %
Shares of JPST stock opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.08 and a 12 month high of $50.75. The stock has a 50 day moving average of $50.57 and a two-hundred day moving average of $50.48.
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.
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