Sharper & Granite LLC Purchases 29,195 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Sharper & Granite LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 86,457 shares of the company’s stock after acquiring an additional 29,195 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.9% of Sharper & Granite LLC’s holdings, making the stock its 18th biggest holding. Sharper & Granite LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JPST. JPMorgan Chase & Co. raised its position 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 valued at $3,731,666,000 after purchasing an additional 15,245,816 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after acquiring an additional 1,053,392 shares during the period. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $50,075,000. West Oak Capital LLC lifted its position in JPMorgan Ultra-Short Income ETF by 2,619.5% during the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock worth $46,284,000 after acquiring an additional 885,093 shares during the period. Finally, LPL Financial LLC grew its stake in 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 purchasing an additional 789,054 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.43 on Tuesday. The business has a 50-day moving average price of $50.47 and a 200-day moving average price of $50.51. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75.

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.