Ironwood Investment Counsel LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 61.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 222,282 shares of the company’s stock after acquiring an additional 84,682 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.6% of Ironwood Investment Counsel LLC’s portfolio, making the stock its 12th biggest holding. Ironwood Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,250,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $30,000. Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
JPST stock opened at $50.50 on Monday. The company’s 50-day moving average price is $50.49 and its 200 day moving average price is $50.57. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The company has a market cap of $40.02 billion, a P/E ratio of 109.78 and a beta of 0.01.
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.
Featured Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify’s Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
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.
