Curry Webb Wealth Management LLC Acquires New Shares in JPMorgan Ultra-Short Income ETF $JPST

Curry Webb Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 50,613 shares of the company’s stock, valued at approximately $2,562,000. JPMorgan Ultra-Short Income ETF comprises 1.2% of Curry Webb Wealth Management LLC’s portfolio, making the stock its 20th largest position.

Several other institutional investors have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Morgan Stanley grew 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 valued at $3,109,705,000 after purchasing an additional 1,449,509 shares during the last quarter. LPL Financial LLC grew its holdings 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 valued at $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE increased its position in 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 purchasing an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in JPMorgan Ultra-Short Income ETF by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after purchasing an additional 194,855 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

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

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.