Enclave Advisors LLC Boosts Position in JPMorgan Ultra-Short Income ETF $JPST

Enclave Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 268,327 shares of the company’s stock after acquiring an additional 46,252 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.1% of Enclave Advisors LLC’s holdings, making the stock its 13th biggest position. Enclave Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at $842,655,000. Bank of America Corp DE raised its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock valued at $346,121,000 after buying an additional 1,265,522 shares during the period. RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 941.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after buying an additional 1,138,031 shares during the period. Finally, Foster Dykema Cabot & Partners LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 42.2% in the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock worth $193,336,000 after buying an additional 1,132,264 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.70 on Wednesday. The stock has a 50 day moving average of $50.67 and a 200 day moving average of $50.64. The stock has a market cap of $34.24 billion, a P/E ratio of 110.22 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78.

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.