LPL Financial LLC Has $639.44 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,694,776 shares of the company’s stock after purchasing an additional 1,522,758 shares during the period. LPL Financial LLC owned approximately 2.79% of JPMorgan Ultra-Short Income ETF worth $639,436,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in JPMorgan Ultra-Short Income ETF by 26.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. HB Wealth Management LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th 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 in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after acquiring an additional 103,192 shares in the last quarter. Cerity Partners LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Cerity Partners LLC now owns 3,570,373 shares of the company’s stock valued at $181,161,000 after acquiring an additional 308,312 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $173,884,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of NYSEARCA JPST opened at $50.59 on Friday. The business has a fifty day moving average price of $50.51 and a two-hundred day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week 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.