Wealth Enhancement Advisory Services LLC Purchases 103,192 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealth Enhancement Advisory Services LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,858,342 shares of the company’s stock after purchasing an additional 103,192 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 0.6% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 27th largest holding. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $297,252,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kennebec Savings Bank bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $27,000. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $30,000. Whittier Trust Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock worth $66,000 after purchasing an additional 295 shares during the period. Wagner Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 188.4% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,693 shares of the company’s stock valued at $86,000 after purchasing an additional 1,106 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 238.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,692 shares of the company’s stock valued at $86,000 after buying an additional 1,192 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPST remained flat at $50.42 during trading on Friday. The company had a trading volume of 2,116,064 shares, compared to its average volume of 5,871,167. The business’s 50 day moving average is $50.47 and its 200 day moving average is $50.51. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

JPMorgan Ultra-Short Income ETF 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.