Cresset Asset Management LLC trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 496,953 shares of the company’s stock after selling 41,246 shares during the quarter. Cresset Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $25,134,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of JPST. HUB Investment Partners LLC grew its stake in JPMorgan Ultra-Short Income ETF by 41.5% during the fourth quarter. HUB Investment Partners LLC now owns 40,210 shares of the company’s stock worth $2,025,000 after buying an additional 11,794 shares during the period. Guardian Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 25.1% during the 4th quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after purchasing an additional 8,276 shares during the period. Essex LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after purchasing an additional 12,054 shares in the last quarter. Delta Financial Group Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 265.1% in the 4th quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock valued at $4,467,000 after purchasing an additional 64,393 shares in the last quarter. Finally, Bridgewater Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 11.2% in the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after purchasing an additional 193,580 shares during the period.
JPMorgan Ultra-Short Income ETF Trading Down 0.1 %
JPST opened at $50.43 on Tuesday. The firm’s 50 day moving average is $50.51 and its 200-day moving average is $50.50. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.25 and a 52-week high of $50.75.
JPMorgan Ultra-Short Income ETF 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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