Perissos Private Wealth Management LLC Purchases New Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Perissos Private Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 69,800 shares of the company’s stock, valued at approximately $3,516,000. JPMorgan Ultra-Short Income ETF accounts for 2.6% of Perissos Private Wealth Management LLC’s investment portfolio, making the stock its 7th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after buying an additional 15,245,816 shares during the period. Charles Schwab Investment Management Inc. grew its holdings 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 in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 7.6% in 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 during the last quarter. HB Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after acquiring an additional 838,189 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position 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 valued at $297,252,000 after purchasing an additional 103,192 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.45 on Wednesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75. The business’s 50-day moving average price is $50.48 and its two-hundred day moving average price is $50.52.

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.