Rosenberg Matthew Hamilton Boosts Stake in JPMorgan Ultra-Short Income ETF $JPST

Rosenberg Matthew Hamilton boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 723,286 shares of the company’s stock after purchasing an additional 41,547 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 6.5% of Rosenberg Matthew Hamilton’s investment portfolio, making the stock its 4th biggest position. Rosenberg Matthew Hamilton’s holdings in JPMorgan Ultra-Short Income ETF were worth $36,432,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $28,000. Motiv8 Investments LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $32,000. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $34,000. Allied Private Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $38,000. Finally, Rice Partnership LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after acquiring an additional 655 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST traded up $0.01 during trading hours on Monday, reaching $50.24. 6,639,164 shares of the company’s stock traded hands, compared to its average volume of 6,808,148. The stock has a market cap of $42.03 billion, a PE ratio of 109.22 and a beta of 0.01. The firm’s 50 day simple moving average is $50.42 and its 200-day simple moving average is $50.48. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.

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.