JPMorgan Ultra-Short Income ETF $JPST Position Raised by VCI Wealth Management LLC

VCI Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 279,248 shares of the company’s stock after purchasing an additional 17,282 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 4.3% of VCI Wealth Management LLC’s portfolio, making the stock its 5th largest position. VCI Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,166,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Financial Management Professionals Inc. increased its position in JPMorgan Ultra-Short Income ETF by 2.4% during the 3rd quarter. Financial Management Professionals Inc. now owns 321,392 shares of the company’s stock valued at $16,304,000 after buying an additional 7,380 shares in the last quarter. CWM LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 2.4% in the third quarter. CWM LLC now owns 1,161,836 shares of the company’s stock worth $58,940,000 after acquiring an additional 27,067 shares in the last quarter. Independent Wealth Network Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 19.0% in the third quarter. Independent Wealth Network Inc. now owns 196,277 shares of the company’s stock worth $9,957,000 after acquiring an additional 31,273 shares during the last quarter. World Investment Advisors increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 46.1% during the third quarter. World Investment Advisors now owns 24,162 shares of the company’s stock valued at $1,226,000 after acquiring an additional 7,626 shares in the last quarter. Finally, Cambridge Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.3% during the third quarter. Cambridge Advisors Inc. now owns 49,470 shares of the company’s stock valued at $2,510,000 after acquiring an additional 4,607 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.73 on Friday. The stock has a market cap of $34.26 billion, a price-to-earnings ratio of 110.28 and a beta of 0.01. The firm’s 50-day moving average is $50.67 and its 200 day moving average is $50.64. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.78.

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.