Clarus Group Inc. Buys 16,857 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Clarus Group Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.9% during the third quarter, HoldingsChannel.com reports. The fund owned 443,985 shares of the company’s stock after purchasing an additional 16,857 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 9.5% of Clarus Group Inc.’s holdings, making the stock its 4th largest position. Clarus Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $22,528,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Income ETF by 30.0% in the 1st 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 period. Cetera Investment Advisers grew its holdings in JPMorgan Ultra-Short Income ETF by 927.2% in the 1st quarter. Cetera Investment Advisers now owns 1,790,596 shares of the company’s stock valued at $90,336,000 after buying an additional 1,616,273 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock valued at $243,837,000 after purchasing an additional 1,317,710 shares in the last quarter. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% in the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock valued at $524,028,000 after purchasing an additional 1,235,482 shares in the last quarter. Finally, Spire Wealth Management lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 207.5% in the 2nd quarter. Spire Wealth Management now owns 1,515,432 shares of the company’s stock valued at $76,484,000 after purchasing an additional 1,022,638 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock traded down $0.02 during midday trading on Monday, hitting $50.56. 1,548,069 shares of the company were exchanged, compared to its average volume of 3,956,294. The company’s fifty day moving average price is $50.59 and its 200-day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.97 and a fifty-two week 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.