Confluence Wealth Services Inc. Grows Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Confluence Wealth Services Inc. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,791 shares of the company’s stock after purchasing an additional 2,373 shares during the quarter. Confluence Wealth Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $645,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of JPST. Tradewinds Capital Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% during the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after buying an additional 801 shares during the period. Krilogy Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after buying an additional 12,213 shares during the period. Redmont Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the 4th quarter. Redmont Wealth Advisors LLC now owns 22,363 shares of the company’s stock valued at $1,123,000 after buying an additional 493 shares during the period. WNY Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 460.6% during the 3rd quarter. WNY Asset Management LLC now owns 110,265 shares of the company’s stock valued at $5,533,000 after buying an additional 90,596 shares during the period. Finally, Buck Wealth Strategies LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.1% during the 4th quarter. Buck Wealth Strategies LLC now owns 66,202 shares of the company’s stock valued at $3,325,000 after buying an additional 2,587 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST traded up $0.01 during mid-day trading on Tuesday, hitting $50.44. 4,427,504 shares of the company traded hands, compared to its average volume of 3,861,702. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The firm’s 50 day simple moving average is $50.35 and its 200 day simple moving average is $50.29.

About JPMorgan Ultra-Short Income ETF

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.