JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Clarus Group Inc.

Clarus Group Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 12.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 498,307 shares of the company’s stock after acquiring an additional 54,322 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 8.9% of Clarus Group Inc.’s holdings, making the stock its 3rd biggest position. Clarus Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $25,100,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of JPST. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in 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 lifted its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after acquiring an additional 789,054 shares in the last quarter. HB Wealth Management LLC lifted its stake in 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 valued at $416,590,000 after acquiring an additional 838,189 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after acquiring an additional 103,192 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.45 on Tuesday. The stock’s fifty day simple moving average is $50.48 and its two-hundred day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.