JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Bought by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,098 shares of the company’s stock after acquiring an additional 1,790 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $407,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of JPST. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,993,049 shares of the company’s stock worth $902,891,000 after acquiring an additional 5,127,429 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 29.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 13,457,071 shares of the company’s stock valued at $675,949,000 after purchasing an additional 3,081,352 shares in the last quarter. HB Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 8.4% in the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after acquiring an additional 593,425 shares in the last quarter. Royal Bank of Canada lifted its holdings in JPMorgan Ultra-Short Income ETF by 5.2% in the 3rd quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock valued at $194,596,000 after purchasing an additional 190,121 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 11.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 3,633,537 shares of the company’s stock worth $182,331,000 after acquiring an additional 363,322 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock traded up $0.03 during trading on Thursday, reaching $50.32. The company had a trading volume of 2,242,267 shares, compared to its average volume of 3,890,480. JPMorgan Ultra-Short Income ETF has a 12-month low of $49.93 and a 12-month high of $50.51. The stock’s 50 day moving average price is $50.34 and its two-hundred day moving average price is $50.30.

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.