Cambridge Advisors Inc. reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 0.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 44,863 shares of the company’s stock after selling 378 shares during the quarter. Cambridge Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,274,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Chelsea Counsel Co. acquired a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth $25,000. Pandora Wealth Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at $34,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter valued at $36,000. TD Private Client Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $48,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $68,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Stock Down 0.1%
JPMorgan Ultra-Short Income ETF stock opened at $50.70 on Friday. The firm has a market capitalization of $32.37 billion, a PE ratio of 110.22 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.75. The firm’s 50-day simple moving average is $50.65 and its 200 day simple moving average is $50.56.
JPMorgan Ultra-Short Income ETF Company 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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