Verus Capital Partners LLC Boosts Position in JPMorgan Ultra-Short Income ETF $JPST

Verus Capital Partners LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 236.7% during the fourth quarter, Holdings Channel reports. The firm owned 46,694 shares of the company’s stock after buying an additional 32,826 shares during the quarter. Verus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,362,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Mezzasalma Advisors LLC raised its holdings in shares of 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 worth $4,082,000 after acquiring an additional 33,446 shares during the last quarter. Webster Bank N. A. raised its holdings in shares of 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 worth $5,430,000 after acquiring an additional 22,815 shares during the last quarter. Greenberg Financial Group acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $1,544,000. Authentikos Wealth Advisory LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 56.6% in the third quarter. Authentikos Wealth Advisory LLC now owns 45,098 shares of the company’s stock worth $2,288,000 after acquiring an additional 16,299 shares during the last quarter. Finally, Optima Capital LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $3,485,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.79. The stock has a market cap of $37.49 billion, a price-to-earnings ratio of 109.65 and a beta of 0.01. The business has a fifty day moving average of $50.52 and a 200-day moving average of $50.61.

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.