Curry Webb Wealth Management LLC Purchases New Stake in JPMorgan Ultra-Short Income ETF $JPST

Curry Webb Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,613 shares of the company’s stock, valued at approximately $2,562,000. JPMorgan Ultra-Short Income ETF accounts for 1.2% of Curry Webb Wealth Management LLC’s investment portfolio, making the stock its 20th biggest holding.

A number of other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after buying an additional 9,729,791 shares in the last quarter. Morgan Stanley lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% during the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after acquiring an additional 1,449,509 shares during the period. LPL Financial LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after acquiring an additional 1,459,312 shares in the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after acquiring an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after acquiring an additional 194,855 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.54 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The stock has a market capitalization of $40.41 billion, a price-to-earnings ratio of 109.87 and a beta of 0.01. The company’s 50 day simple moving average is $50.49 and its 200 day simple moving average is $50.56.

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.