BCGM Wealth Management LLC Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

BCGM Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 10,552 shares of the company’s stock after purchasing an additional 1,226 shares during the quarter. BCGM Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $532,000 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. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock worth $3,731,666,000 after acquiring an additional 15,245,816 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in 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 valued at $690,096,000 after purchasing an additional 91,729 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after acquiring an additional 789,054 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during 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 during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% during 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 during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of NYSEARCA JPST opened at $50.56 on Monday. The firm’s 50-day moving average price is $50.48 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

JPMorgan Ultra-Short Income ETF 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.