Essex LLC Grows Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Essex LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 230,834 shares of the company’s stock after buying an additional 12,054 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 2.4% of Essex LLC’s investment portfolio, making the stock its 10th biggest position. Essex LLC owned approximately 0.05% of JPMorgan Ultra-Short Income ETF worth $11,627,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JPST. Guardian Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 25.1% in the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after purchasing an additional 8,276 shares during the period. Bridgewater Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after buying an additional 193,580 shares during the period. Whittier Trust Co. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 29.5% during the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after buying an additional 295 shares in the last quarter. Merit Financial Group LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $412,000. Finally, Jaffetilchin Investment Partners LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 9.5% in the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 100,508 shares of the company’s stock worth $5,100,000 after acquiring an additional 8,704 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.43 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The company’s 50 day moving average is $50.48 and its two-hundred day moving average is $50.52.

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.