Newport Capital Group LLC Buys 9,278 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Newport Capital Group LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,666 shares of the company’s stock after purchasing an additional 9,278 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 2.8% of Newport Capital Group LLC’s holdings, making the stock its 11th biggest holding. Newport Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,862,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third 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 during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $50,075,000. West Oak Capital LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 2,619.5% during the fourth quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after acquiring an additional 885,093 shares during the last quarter. Finally, HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% in the fourth 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 during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.47 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The company’s 50-day moving average is $50.48 and its two-hundred day moving average is $50.52.

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.