Mcmorgan & Co. LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 49.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 668,362 shares of the company’s stock after buying an additional 220,226 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 5.1% of Mcmorgan & Co. LLC’s investment portfolio, making the stock its 6th biggest position. Mcmorgan & Co. LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $33,799,000 as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $28,000. Sittner & Nelson LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $30,000. Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $32,000. Finally, Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $34,000. 2.17% of the stock is currently owned by institutional investors.
JPMorgan Ultra-Short Income ETF Price Performance
JPMorgan Ultra-Short Income ETF stock opened at $50.54 on Tuesday. The firm has a market cap of $40.41 billion, a P/E ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79. The stock’s 50 day moving average is $50.48 and its 200 day moving average is $50.53.
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.
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