Mason Street Advisors LLC Has $24.32 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Mason Street Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 480,735 shares of the company’s stock after buying an additional 12,165 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 2.4% of Mason Street Advisors LLC’s portfolio, making the stock its 11th largest holding. Mason Street Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $24,320,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Investment Advisory Services Group LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $9,437,000. Prosperitas Financial LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $1,874,000. Money Concepts Capital Corp grew its holdings in JPMorgan Ultra-Short Income ETF by 7.0% during the fourth quarter. Money Concepts Capital Corp now owns 40,420 shares of the company’s stock valued at $2,045,000 after purchasing an additional 2,633 shares during the last quarter. Mascoma Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 2.9% during the fourth quarter. Mascoma Wealth Management LLC now owns 430,219 shares of the company’s stock valued at $21,765,000 after purchasing an additional 12,019 shares during the last quarter. Finally, Byrne Financial Freedom LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 215.0% during the fourth quarter. Byrne Financial Freedom LLC now owns 32,363 shares of the company’s stock valued at $1,637,000 after purchasing an additional 22,089 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.50 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The business’s 50 day moving average is $50.54 and its two-hundred day moving average is $50.63. The company has a market cap of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01.

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.