RiverFront Investment Group LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 87.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,530,212 shares of the company’s stock after buying an additional 1,177,835 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.1% of RiverFront Investment Group LLC’s holdings, making the stock its 19th biggest position. RiverFront Investment Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $128,003,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Rossmore Private Capital purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $28,000. MGB Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Price Performance
JPST stock opened at $50.50 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The company has a fifty day simple moving average of $50.53 and a two-hundred day simple moving average of $50.62. The firm has a market capitalization of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01.
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.
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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).
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