Oxbow Advisors LLC Boosts Stake in JPMorgan Ultra-Short Income ETF $JPST

Oxbow Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 77,063 shares of the company’s stock after acquiring an additional 18,078 shares during the period. Oxbow Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,899,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Ultra-Short Income ETF by 8.8% in the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after acquiring an additional 7,786,258 shares during the period. Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $300,296,000. Bank of America Corp DE raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Kensington Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% in the 3rd quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock valued at $54,800,000 after purchasing an additional 1,007,375 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp lifted its holdings in JPMorgan Ultra-Short Income ETF by 89.2% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock worth $95,966,000 after buying an additional 891,700 shares during the period. 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 $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.42 and a 1-year high of $50.79. The stock has a market capitalization of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. The business has a fifty day moving average price of $50.55 and a 200 day moving average price of $50.63.

JPMorgan Ultra-Short Income ETF Company 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.