Financial Perspectives Inc Has $2.07 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Perspectives Inc lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 40,996 shares of the company’s stock after selling 5,092 shares during the period. Financial Perspectives Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,065,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 22.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock worth $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth $50,075,000. West Oak Capital LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after buying an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.49 on Wednesday. The company’s fifty day moving average price is $50.48 and its two-hundred day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year 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.