JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Parkside Investments LLC

Parkside Investments LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 37.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,534 shares of the company’s stock after purchasing an additional 39,950 shares during the period. Parkside Investments LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,331,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JPST. Strengthening Families & Communities LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $28,000. Beacon Financial Strategies CORP acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $34,000. Allied Private Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $38,000. Rice Partnership LLC lifted its position in JPMorgan Ultra-Short Income ETF by 327.5% during the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares in the last quarter. Finally, Abound Wealth Management lifted its position in JPMorgan Ultra-Short Income ETF by 1,963.3% during the second quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock worth $51,000 after buying an additional 962 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.35 on Wednesday. The business’s 50 day moving average price is $50.39 and its 200 day moving average price is $50.46. The company has a market cap of $42.53 billion, a price-to-earnings ratio of 109.46 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79.

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.