Nepsis Inc. Raises Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Nepsis Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.5% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 39,630 shares of the company’s stock after buying an additional 586 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 0.3% of Nepsis Inc.’s portfolio, making the stock its 24th largest position. Nepsis Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,996,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPST. JPMorgan Chase & Co. lifted its stake in shares of 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 worth $3,731,666,000 after acquiring an additional 15,245,816 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after purchasing an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $50,075,000. West Oak Capital LLC increased its position in JPMorgan Ultra-Short Income ETF by 2,619.5% during the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after purchasing an additional 885,093 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST opened at $50.53 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The company has a 50-day simple moving average of $50.48 and a 200-day simple moving average of $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.