Requisite Capital Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 23.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 286,425 shares of the company’s stock after purchasing an additional 55,015 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.8% of Requisite Capital Management LLC’s holdings, making the stock its 6th largest holding. Requisite Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,542,000 at the end of the most recent reporting period.
Other large investors have also recently modified their holdings of the company. Cardiff Park Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Rossmore Private Capital purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $28,000. MGB Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in 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 opened at $50.50 on Monday. The company has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. The business’s 50-day moving average price is $50.53 and its 200-day moving average price is $50.62. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79.
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.
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