Five Oceans Advisors grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 4.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,956 shares of the company’s stock after acquiring an additional 437 shares during the quarter. Five Oceans Advisors’ holdings in JPMorgan Ultra-Short Income ETF were worth $505,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of JPST. Chelsea Counsel Co. purchased a new position in JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $25,000. Pandora Wealth Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $34,000. Cooksen Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $36,000. TD Private Client Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth $48,000. Finally, Opal Wealth Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF in the first quarter valued at $68,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Down 0.1%
NYSEARCA JPST opened at $50.70 on Friday. The stock’s 50-day simple moving average is $50.65 and its two-hundred day simple moving average is $50.56. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.75. The company has a market capitalization of $32.37 billion, a price-to-earnings ratio of 110.22 and a beta of 0.03.
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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