Quadrant Capital Group LLC Has $88.21 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Quadrant Capital Group LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,743,625 shares of the company’s stock after purchasing an additional 239,528 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 2.7% of Quadrant Capital Group LLC’s holdings, making the stock its 6th biggest position. Quadrant Capital Group LLC owned 0.24% of JPMorgan Ultra-Short Income ETF worth $88,210,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mezzasalma Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 70.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after purchasing an additional 33,446 shares during the last quarter. Webster Bank N. A. increased its holdings in JPMorgan Ultra-Short Income ETF by 27.0% in the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after purchasing an additional 22,815 shares during the last quarter. Greenberg Financial Group bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $1,544,000. Optima Capital LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $3,485,000. Finally, Buck Wealth Strategies LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after purchasing an additional 19,402 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA JPST opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.41 and a 12 month high of $50.79. The stock has a 50-day simple moving average of $50.51 and a 200 day simple moving average of $50.60. The company has a market capitalization of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01.

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.