JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.2% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,631,342 shares of the company’s stock after buying an additional 108,997 shares during the quarter. Assetmark Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $82,562,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares in the last quarter. Morgan Stanley raised its holdings in JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares in the last quarter. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 8.0% in the fourth quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the period. Bank of America Corp DE lifted its position in JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares in the last quarter. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.48 on Friday. The stock’s 50 day moving average is $50.49 and its two-hundred day moving average is $50.57. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The firm has a market capitalization of $39.90 billion, a PE ratio of 109.74 and a beta of 0.01.

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.