Whitaker Myers Wealth Managers LTD. raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 20.0% during the second quarter, HoldingsChannel reports. The fund owned 330,396 shares of the company’s stock after acquiring an additional 55,063 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.8% of Whitaker Myers Wealth Managers LTD.’s holdings, making the stock its 15th largest position. Whitaker Myers Wealth Managers LTD.’s holdings in JPMorgan Ultra-Short Income ETF were worth $16,708,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the stock. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $28,000. Sittner & Nelson LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $30,000. Motiv8 Investments LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $32,000. Finally, Beacon Financial Strategies CORP bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $34,000. 2.17% of the stock is owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Stock Up 0.1%
Shares of NYSEARCA JPST opened at $50.44 on Friday. The stock’s 50 day moving average price is $50.47 and its two-hundred day moving average price is $50.55. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The stock has a market capitalization of $40.33 billion, a P/E ratio of 109.65 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.
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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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