Howard Financial Services LTD. lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 8.9% during the 1st quarter, HoldingsChannel reports. The firm owned 78,102 shares of the company’s stock after selling 7,619 shares during the period. Howard Financial Services LTD.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,954,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after acquiring an additional 23,971,471 shares during the period. Raymond James Financial Inc. bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $173,884,000. Brooklyn FI LLC raised its position in JPMorgan Ultra-Short Income ETF by 6,968.8% in the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock worth $150,461,000 after acquiring an additional 2,937,124 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF by 118.2% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 3,781,153 shares of the company’s stock worth $190,457,000 after acquiring an additional 2,048,587 shares during the period. Finally, State of Tennessee Department of Treasury bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $91,006,000.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
JPST opened at $50.60 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.25 and a 1-year high of $50.75. The firm’s 50 day simple moving average is $50.50 and its two-hundred day simple moving average is $50.50.
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.
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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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