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

Endowment Wealth Management Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,667 shares of the company’s stock after buying an additional 2,343 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.2% of Endowment Wealth Management Inc.’s holdings, making the stock its 23rd largest position. Endowment Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,490,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 39.9% in the third quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after acquiring an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 29.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock worth $675,949,000 after buying an additional 3,081,352 shares during the last quarter. International Assets Investment Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 307.9% during the fourth quarter. International Assets Investment Management LLC now owns 983,521 shares of the company’s stock valued at $49,402,000 after acquiring an additional 742,399 shares during the last quarter. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 8.4% during the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock worth $381,244,000 after acquiring an additional 593,425 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 90.6% in the fourth quarter. Axxcess Wealth Management LLC now owns 1,163,528 shares of the company’s stock worth $58,444,000 after purchasing an additional 552,954 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.0 %

NYSEARCA JPST traded down $0.01 on Friday, hitting $50.31. The company’s stock had a trading volume of 3,112,392 shares, compared to its average volume of 3,892,034. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The company’s 50-day simple moving average is $50.33 and its 200 day simple moving average is $50.30.

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.