JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Sei Investments Co.

Sei Investments Co. boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.2% in the first quarter, Holdings Channel.com reports. The firm owned 1,158,003 shares of the company’s stock after acquiring an additional 13,945 shares during the quarter. Sei Investments Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $58,606,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $28,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $30,000. Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth $32,000. Finally, TD Private Client Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after buying an additional 350 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.39 and a twelve month high of $50.79. The firm has a market capitalization of $40.00 billion, a P/E ratio of 109.74 and a beta of 0.01. The stock’s fifty day simple moving average is $50.49 and its 200 day simple moving average is $50.56.

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.