JPMorgan Ultra-Short Income ETF $JPST Stake Increased by Rock Creek Group LLC

Rock Creek Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,320,259 shares of the company’s stock after purchasing an additional 16,289 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 6.4% of Rock Creek Group LLC’s portfolio, making the stock its 6th biggest holding. Rock Creek Group LLC owned 0.16% of JPMorgan Ultra-Short Income ETF worth $66,642,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $28,000. Hughes Financial Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 75.8% during the third quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after buying an additional 254 shares during the last quarter. Beacon Financial Strategies CORP bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $34,000. Allied Private Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $38,000. Finally, Rice Partnership LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% in the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock traded up $0.03 during mid-day trading on Friday, hitting $50.28. The company had a trading volume of 7,144,931 shares, compared to its average volume of 6,946,836. The stock’s 50 day moving average price is $50.33 and its 200-day moving average price is $50.48. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The company has a market capitalization of $42.24 billion, a P/E ratio of 109.30 and a beta of 0.02.

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.