The Manufacturers Life Insurance Company Raises Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

The Manufacturers Life Insurance Company increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,200 shares of the company’s stock after purchasing an additional 2,000 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,575,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 30.0% during the 1st quarter. JPMorgan Chase & Co. now owns 45,690,839 shares of the company’s stock worth $2,305,103,000 after acquiring an additional 10,546,138 shares during the last quarter. LPL Financial LLC boosted 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 during the last quarter. HB Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 5.8% during the 1st quarter. HB Wealth Management LLC now owns 8,076,454 shares of the company’s stock worth $405,234,000 after acquiring an additional 443,033 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 37.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,833,237 shares of the company’s stock worth $243,837,000 after acquiring an additional 1,317,710 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock worth $182,463,000 after acquiring an additional 14,611 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The company’s fifty day simple moving average is $50.57 and its 200-day simple moving average is $50.45. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.97 and a 1-year high of $50.75.

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.