Portside Wealth Group LLC Has $20.73 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Portside Wealth Group LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408,625 shares of the company’s stock after acquiring an additional 8,028 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.5% of Portside Wealth Group LLC’s holdings, making the stock its 2nd biggest holding. Portside Wealth Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $20,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock valued at $2,305,103,000 after buying an additional 10,546,138 shares during the last quarter. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Income ETF by 13.5% in the second quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after purchasing an additional 1,235,482 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted 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 worth $292,016,000 after purchasing an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after purchasing an additional 14,611 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in JPMorgan Ultra-Short Income ETF by 31.0% in the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock worth $118,360,000 after purchasing an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.43 on Friday. The stock’s fifty day simple moving average is $50.57 and its two-hundred day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.08 and a 1-year high of $50.75.

JPMorgan Ultra-Short Income ETF Company 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.