Financial Enhancement Group LLC Has $6.87 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Financial Enhancement Group LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 136,073 shares of the company’s stock after acquiring an additional 13,954 shares during the period. Financial Enhancement Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,874,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in JPST. First Horizon Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.4% during the 4th quarter. First Horizon Advisors Inc. now owns 3,873 shares of the company’s stock worth $195,000 after acquiring an additional 300 shares in the last quarter. Strategent Financial LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $16,427,000. Daner Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $1,549,000. Ascension Capital Advisors Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 126.0% in the fourth quarter. Ascension Capital Advisors Inc. now owns 395,769 shares of the company’s stock valued at $19,935,000 after buying an additional 220,658 shares in the last quarter. Finally, Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $1,095,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.61 on Wednesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.25 and a fifty-two week high of $50.75. The company’s 50 day moving average price is $50.52 and its two-hundred day moving average price is $50.50.

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.