Intrepid Family Office LLC Purchases New Position in JPMorgan Ultra-Short Income ETF $JPST

Intrepid Family Office LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 12,500 shares of the company’s stock, valued at approximately $632,000. JPMorgan Ultra-Short Income ETF makes up 0.5% of Intrepid Family Office LLC’s investment portfolio, making the stock its 27th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of JPST. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after purchasing an additional 9,729,791 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 568.5% in the 4th quarter. Axxcess Wealth Management LLC now owns 7,782,062 shares of the company’s stock valued at $393,694,000 after purchasing an additional 6,617,940 shares in the last quarter. Temasek Holdings Private Ltd purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $300,296,000. Bank of America Corp DE increased its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Thursday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79. The business has a 50-day moving average price of $50.51 and a 200 day moving average price of $50.60. The firm has a market cap of $37.52 billion, a PE ratio of 109.74 and a beta of 0.01.

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.