Charles Schwab Investment Management Inc. Has $675.95 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Charles Schwab Investment Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.7% in the 4th quarter, HoldingsChannel reports. The fund owned 13,457,071 shares of the company’s stock after purchasing an additional 3,081,352 shares during the period. Charles Schwab Investment Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $675,949,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BluePath Capital Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $26,000. Mine & Arao Wealth Creation & Management LLC. purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $30,000. Mendota Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $34,000. GPS Wealth Strategies Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 65.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 998 shares of the company’s stock worth $50,000 after purchasing an additional 395 shares during the last quarter. Finally, Signature Resources Capital Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $50,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

Shares of JPST stock traded up $0.02 during mid-day trading on Tuesday, reaching $50.30. 3,634,588 shares of the company’s stock traded hands, compared to its average volume of 3,901,869. The firm has a 50 day moving average price of $50.34 and a two-hundred day moving average price of $50.30. JPMorgan Ultra-Short Income ETF has a 12 month low of $49.93 and a 12 month high of $50.51.

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.