Wells Fargo & Company MN Has $359.14 Million Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Wells Fargo & Company MN lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,130,097 shares of the company’s stock after buying an additional 224,833 shares during the period. Wells Fargo & Company MN owned about 1.57% of JPMorgan Ultra-Short Income ETF worth $359,143,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 32.6% during the 4th quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after buying an additional 23,971,471 shares in the last quarter. LPL Financial LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 13.6% during the 4th quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after purchasing an additional 1,522,758 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after purchasing an additional 838,189 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 5,858,342 shares of the company’s stock valued at $297,252,000 after purchasing an additional 103,192 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $173,884,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.48 on Friday. The business has a fifty day simple moving average of $50.53 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month 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.