Leo Wealth LLC Takes Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Leo Wealth LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 85,433 shares of the company’s stock, valued at approximately $4,292,000.

Several other large investors also recently made changes to their positions in JPST. Kestra Advisory Services LLC raised its stake in JPMorgan Ultra-Short Income ETF by 6.3% in the 3rd quarter. Kestra Advisory Services LLC now owns 385,535 shares of the company’s stock valued at $19,346,000 after acquiring an additional 22,734 shares during the period. Concorde Asset Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $234,000. Envestnet Portfolio Solutions Inc. bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $6,467,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 11.1% in the third quarter. Envestnet Asset Management Inc. now owns 3,633,537 shares of the company’s stock worth $182,331,000 after purchasing an additional 363,322 shares during the period. Finally, Paces Ferry Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.7% in the third quarter. Paces Ferry Wealth Advisors LLC now owns 147,339 shares of the company’s stock worth $7,393,000 after purchasing an additional 5,303 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST traded down $0.01 during trading hours on Monday, hitting $50.39. The company’s stock had a trading volume of 2,499,765 shares, compared to its average volume of 3,754,973. The stock has a fifty day simple moving average of $50.35 and a 200-day simple moving average of $50.34. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.