Cetera Investment Advisers increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 10.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,377,302 shares of the company’s stock after buying an additional 312,033 shares during the period. Cetera Investment Advisers’ holdings in JPMorgan Ultra-Short Income ETF were worth $170,925,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $28,000. Sittner & Nelson LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $30,000. Motiv8 Investments LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $38,000. 2.17% of the stock is owned by institutional investors.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPST opened at $50.49 on Thursday. The stock has a market capitalization of $40.01 billion, a PE ratio of 109.76 and a beta of 0.01. The company’s fifty day moving average is $50.49 and its 200 day moving average is $50.56. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.79.
About JPMorgan Ultra-Short Income ETF
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.
Read More
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
