Oxbow Advisors LLC Increases Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Oxbow Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,520 shares of the company’s stock after purchasing an additional 11,457 shares during the quarter. Oxbow Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $28,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $30,000. Motiv8 Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $38,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.42 on Friday. The company’s 50 day simple moving average is $50.51 and its 200 day simple moving average is $50.59. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The stock has a market capitalization of $39.17 billion, a PE ratio of 109.61 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.