RPg Family Wealth Advisory LLC Acquires 231,028 Shares of JPMorgan Ultra-Short Income ETF $JPST

RPg Family Wealth Advisory LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 558.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 272,403 shares of the company’s stock after purchasing an additional 231,028 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 3.0% of RPg Family Wealth Advisory LLC’s portfolio, making the stock its biggest holding. RPg Family Wealth Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,830,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 10.1% during the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after purchasing an additional 9,729,791 shares during the last quarter. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE boosted its stake in JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. UBS Group AG boosted its stake in JPMorgan Ultra-Short Income ETF by 5.9% during the 4th quarter. UBS Group AG now owns 9,469,398 shares of the company’s stock worth $479,057,000 after purchasing an additional 531,080 shares during the last quarter. Finally, HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.5% during the 4th quarter. HB Wealth Management LLC now owns 9,443,109 shares of the company’s stock worth $475,272,000 after purchasing an additional 140,546 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79. The firm’s fifty day moving average is $50.51 and its two-hundred day moving average is $50.60. The stock has a market cap of $37.53 billion, a PE ratio of 109.76 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.