Private Advisor Group LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 14.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,283,840 shares of the company’s stock after buying an additional 158,367 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $64,975,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $28,000. Sittner & Nelson LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $30,000. Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of NYSEARCA JPST opened at $50.42 on Friday. The stock has a market capitalization of $39.17 billion, a price-to-earnings ratio of 109.61 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month high of $50.79. The firm’s 50 day simple moving average is $50.51 and its 200-day simple moving average is $50.59.
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.
Featured Articles
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Shorting the Grid: Bloom Energy’s $25B AI Power Play
- SanDisk’s Volatility May Be Telling Bulls What They Want to Hear
- Meta’s AI Compute Push Could Turn Its Massive CapEx Bill Into a Competitive Weapon
- 3 Dividend ETFs Built for Stability in a Volatile Market
Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
