JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Purchased by 5T Wealth LLC

5T Wealth LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 804.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,699 shares of the company’s stock after purchasing an additional 48,649 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.5% of 5T Wealth LLC’s investment portfolio, making the stock its 17th largest position. 5T Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,769,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 32.6% in the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after buying an additional 23,971,471 shares in the last quarter. Bank of America Corp DE grew its holdings in JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Bank of America Corp DE now owns 14,427,628 shares of the company’s stock valued at $726,720,000 after buying an additional 746,626 shares in the last quarter. LPL Financial LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 13.6% in the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after buying an additional 1,522,758 shares in the last quarter. Wells Fargo & Company MN grew its holdings in JPMorgan Ultra-Short Income ETF by 3.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock valued at $359,143,000 after buying an additional 224,833 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 10.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,588,353 shares of the company’s stock valued at $282,938,000 after buying an additional 506,315 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.57 on Monday. The business has a fifty day moving average of $50.51 and a two-hundred day moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week 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.