JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Stake Boosted by D.A. Davidson & CO.

D.A. Davidson & CO. increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 108.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 189,085 shares of the company’s stock after acquiring an additional 98,352 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Charles Schwab Investment Management Inc. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after purchasing an additional 91,729 shares during the last quarter. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock worth $566,868,000 after purchasing an additional 789,054 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Ultra-Short Income ETF by 22.4% during 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 period. Envestnet Asset Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after purchasing an additional 14,611 shares during the last quarter. Finally, Cerity Partners LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 9.5% in the third quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after purchasing an additional 308,312 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.53 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.13 and a 1 year high of $50.75. The company has a fifty day simple moving average of $50.54 and a 200 day simple moving average of $50.49.

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.