Ruggaard & Associates LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ruggaard & Associates LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 294,777 shares of the company’s stock after acquiring an additional 9,389 shares during the period. JPMorgan Ultra-Short Income ETF comprises 6.5% of Ruggaard & Associates LLC’s investment portfolio, making the stock its biggest position. Ruggaard & Associates LLC owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $14,848,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after purchasing an additional 23,971,471 shares during the period. Raymond James Financial Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $173,884,000. Brooklyn FI LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 6,968.8% during the 4th quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after purchasing an additional 2,937,124 shares during the period. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 13.6% during the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after purchasing an additional 1,522,758 shares in the last quarter. Finally, West Oak Capital LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2,619.5% in the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after purchasing an additional 885,093 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The company’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.52. 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 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.