McBroom & Associates LLC Grows Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

McBroom & Associates LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 376.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,119 shares of the company’s stock after purchasing an additional 19,055 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 0.7% of McBroom & Associates LLC’s holdings, making the stock its 23rd largest position. McBroom & Associates LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,215,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of 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 purchasing an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock valued at $690,096,000 after buying an additional 91,729 shares during the period. LPL Financial LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.6% during the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after buying an additional 789,054 shares in the last quarter. HB Wealth Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th 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 during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% in 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 Trading Up 0.0 %

Shares of JPST opened at $50.45 on Tuesday. The stock has a 50-day moving average price of $50.48 and a 200-day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75.

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.