JPMorgan Ultra-Short Income ETF $JPST is Bridgewater Advisors Inc.’s 2nd Largest Position

Bridgewater Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,919,555 shares of the company’s stock after acquiring an additional 51,567 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 6.0% of Bridgewater Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Bridgewater Advisors Inc. owned about 0.26% of JPMorgan Ultra-Short Income ETF worth $96,976,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $28,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $30,000. Motiv8 Investments LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The firm has a market cap of $40.00 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The business’s 50-day moving average price is $50.49 and its 200 day moving average price is $50.56.

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.