Smart Portfolios LLC Purchases 420 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Smart Portfolios LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,863 shares of the company’s stock after buying an additional 420 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 1.3% of Smart Portfolios LLC’s holdings, making the stock its 24th largest position. Smart Portfolios LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,202,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 223.3% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,830 shares of the company’s stock valued at $92,000 after acquiring an additional 1,264 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 13.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 34,040 shares of the company’s stock valued at $1,715,000 after purchasing an additional 4,071 shares during the period. HighTower Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 3.1% in the fourth quarter. HighTower Advisors LLC now owns 247,860 shares of the company’s stock worth $12,485,000 after acquiring an additional 7,431 shares in the last quarter. Moors & Cabot Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 9.8% in the 4th quarter. Moors & Cabot Inc. now owns 9,373 shares of the company’s stock worth $472,000 after purchasing an additional 835 shares in the last quarter. Finally, Endowment Wealth Management Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 21.9% during the fourth quarter. Endowment Wealth Management Inc. now owns 46,580 shares of the company’s stock valued at $2,346,000 after buying an additional 8,366 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

Shares of JPST stock opened at $50.52 on Wednesday. The company has a 50-day simple moving average of $50.49 and a two-hundred day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.