JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Requisite Capital Management LLC

Requisite Capital Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 612,480 shares of the company’s stock after purchasing an additional 139,271 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 5.1% of Requisite Capital Management LLC’s portfolio, making the stock its 5th largest holding. Requisite Capital Management LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $30,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Buck Wealth Strategies LLC raised its stake in JPMorgan Ultra-Short Income ETF by 7.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after purchasing an additional 19,402 shares during the period. Greenwood Gearhart Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 13.8% in the 4th quarter. Greenwood Gearhart Inc. now owns 1,587,784 shares of the company’s stock valued at $80,326,000 after buying an additional 192,915 shares during the period. Prosperitas Financial LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $1,874,000. TPG Financial Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 60.0% during the 4th quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock worth $2,453,000 after buying an additional 18,183 shares during the last quarter. Finally, Investment Advisory Services Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $9,437,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST stock opened at $50.36 on Wednesday. The firm has a market cap of $40.27 billion, a PE ratio of 109.48 and a beta of 0.01. The firm’s 50 day moving average price is $50.49 and its 200-day moving average price is $50.53. JPMorgan Ultra-Short Income ETF has a one year low of $50.35 and a one year high of $50.79.

JPMorgan Ultra-Short Income ETF 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.