Oppenheimer & Co. Inc. Buys 11,965 Shares of JPMorgan Ultra-Short Income ETF $JPST

Oppenheimer & Co. Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,055 shares of the company’s stock after buying an additional 11,965 shares during the period. Oppenheimer & Co. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,782,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Cardiff Park Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $25,000. Rossmore Private Capital bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $28,000. MGB Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $30,000. Finally, American National Bank & Trust bought a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $38,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.45 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.41 and a fifty-two week high of $50.79. The stock’s 50-day moving average is $50.57 and its two-hundred day moving average is $50.64. The firm has a market cap of $37.50 billion, a P/E ratio of 109.67 and a beta of 0.01.

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.