JPMorgan Ultra-Short Income ETF $JPST Shares Bought by LPL Financial LLC

LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,620,900 shares of the company’s stock after acquiring an additional 1,459,312 shares during the period. LPL Financial LLC owned about 2.73% of JPMorgan Ultra-Short Income ETF worth $992,621,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $30,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $30,000. Finally, TD Private Client Wealth LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after acquiring an additional 350 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.41 on Monday. The firm has a 50 day moving average of $50.52 and a 200-day moving average of $50.61. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79. The company has a market cap of $37.47 billion, a price-to-earnings ratio of 109.59 and a beta of 0.01.

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.