Wealth Enhancement Advisory Services LLC Has $292.02 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,755,150 shares of the company’s stock after purchasing an additional 1,053,392 shares during the period. JPMorgan Ultra-Short Income ETF makes up 0.6% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 28th largest position. Wealth Enhancement Advisory Services LLC owned approximately 1.26% of JPMorgan Ultra-Short Income ETF worth $292,016,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JPST. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $25,000. LRI Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $30,000. Hershey Financial Advisers LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $30,000. Triad Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $32,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 282.3% in the first quarter. EverSource Wealth Advisors LLC now owns 734 shares of the company’s stock valued at $37,000 after purchasing an additional 542 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST traded up $0.01 during trading hours on Friday, hitting $50.58. 4,484,126 shares of the company’s stock were exchanged, compared to its average volume of 3,959,914. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75. The stock’s 50-day moving average is $50.59 and its two-hundred day moving average is $50.46.

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.