Belpointe Asset Management LLC Boosts Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Belpointe Asset Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 46.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,739 shares of the company’s stock after acquiring an additional 4,033 shares during the quarter. Belpointe Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $645,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Anchor Investment Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 3.5% during the 3rd quarter. Anchor Investment Management LLC now owns 115,953 shares of the company’s stock worth $5,883,000 after purchasing an additional 3,967 shares in the last quarter. Synovus Financial Corp increased its position in shares of JPMorgan Ultra-Short Income ETF by 80.4% in the third quarter. Synovus Financial Corp now owns 623,010 shares of the company’s stock worth $31,611,000 after acquiring an additional 277,669 shares in the last quarter. Peapack Gladstone Financial Corp raised its stake in shares of JPMorgan Ultra-Short Income ETF by 7.0% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 503,296 shares of the company’s stock valued at $25,537,000 after acquiring an additional 32,832 shares during the period. Franklin Resources Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.5% during the 3rd quarter. Franklin Resources Inc. now owns 456,509 shares of the company’s stock valued at $23,072,000 after acquiring an additional 6,738 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC boosted its position in JPMorgan Ultra-Short Income ETF by 13.0% during the 3rd quarter. Garden State Investment Advisory Services LLC now owns 6,879 shares of the company’s stock worth $349,000 after purchasing an additional 789 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.46 on Wednesday. The business’s 50-day moving average is $50.51 and its two-hundred day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month 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.