Kathleen S. Wright Associates Inc. Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Kathleen S. Wright Associates Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.5% during the first quarter, HoldingsChannel.com reports. The fund owned 9,307 shares of the company’s stock after buying an additional 226 shares during the quarter. Kathleen S. Wright Associates Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $470,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of 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 valued at $902,891,000 after purchasing an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 29.7% during the fourth 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 period. HB Wealth Management LLC boosted its stake in 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 buying an additional 593,425 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 37.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after buying an additional 1,317,710 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of JPMorgan Ultra-Short Income ETF by 5.2% during the third quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock worth $194,596,000 after purchasing an additional 190,121 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock traded up $0.01 on Friday, hitting $50.47. The stock had a trading volume of 3,496,206 shares, compared to its average volume of 3,792,715. The business has a 50 day moving average price of $50.38 and a 200 day moving average price of $50.35. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year high of $50.51.

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.