Rovin Capital UT ADV Buys New Shares in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Rovin Capital UT ADV purchased a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 9,444 shares of the company’s stock, valued at approximately $476,000.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after purchasing an additional 15,245,816 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after acquiring an additional 91,729 shares during the period. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after acquiring an additional 789,054 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock worth $297,252,000 after acquiring an additional 103,192 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after purchasing an additional 308,312 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of NYSEARCA JPST opened at $50.47 on Thursday. The firm’s 50-day moving average price is $50.47 and its 200-day moving average price is $50.51. 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.