Hicks Capital Management LLC Has $1.05 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Hicks Capital Management LLC decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 20,779 shares of the company’s stock after selling 681 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.7% of Hicks Capital Management LLC’s investment portfolio, making the stock its 13th biggest holding. Hicks Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,053,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after buying an additional 2,598,084 shares during the period. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $842,655,000. LPL Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 19.4% during the 1st quarter. LPL Financial LLC now owns 15,159,206 shares of the company’s stock worth $767,511,000 after buying an additional 2,464,430 shares during the period. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 4.0% during the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after buying an additional 342,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after buying an additional 1,265,522 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST stock opened at $50.74 on Friday. The company has a market cap of $34.27 billion, a price-to-earnings ratio of 110.30 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The firm has a 50 day moving average of $50.69 and a 200-day moving average of $50.60.

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.