Silver Lake Advisory LLC Makes New $4.37 Million Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Silver Lake Advisory LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the second quarter, according to its most recent filing with the SEC. The firm purchased 86,673 shares of the company’s stock, valued at approximately $4,374,000.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in JPMorgan Ultra-Short Income ETF by 30.0% in the first quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after purchasing an additional 10,546,138 shares in the last quarter. LPL Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 13.5% during the 2nd quarter. LPL Financial LLC now owns 10,382,964 shares of the company’s stock worth $524,028,000 after acquiring an additional 1,235,482 shares in the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 5.8% during the first quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock valued at $405,234,000 after acquiring an additional 443,033 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 37.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after purchasing an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after purchasing an additional 14,611 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Trading Up 0.1 %

Shares of JPST opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.96 and a 12 month high of $50.74. The stock has a fifty day moving average price of $50.57 and a 200-day moving average price of $50.44.

JPMorgan Ultra-Short Income ETF Company 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.