Endowment Wealth Management Inc. Grows Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Endowment Wealth Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 21.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,580 shares of the company’s stock after purchasing an additional 8,366 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.6% of Endowment Wealth Management Inc.’s portfolio, making the stock its 15th biggest position. Endowment Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,346,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in JPST. Fairway Wealth LLC raised its position in JPMorgan Ultra-Short Income ETF by 120.4% during the fourth quarter. Fairway Wealth LLC now owns 5,489 shares of the company’s stock worth $277,000 after acquiring an additional 2,999 shares during the period. Inspire Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 35.2% in the fourth quarter. Inspire Advisors LLC now owns 8,038 shares of the company’s stock valued at $405,000 after purchasing an additional 2,091 shares during the period. Donaldson Capital Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 131.6% in the fourth quarter. Donaldson Capital Management LLC now owns 349,008 shares of the company’s stock valued at $17,580,000 after purchasing an additional 198,292 shares during the period. Independent Advisor Alliance purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $13,740,000. Finally, Midland Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 42.6% during the fourth quarter. Midland Wealth Advisors LLC now owns 53,331 shares of the company’s stock worth $2,686,000 after buying an additional 15,940 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.55 on Tuesday. The firm has a 50 day simple moving average of $50.49 and a 200-day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.