Smithbridge Asset Management Inc. DE trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 47.1% during the first quarter, HoldingsChannel reports. The fund owned 84,347 shares of the company’s stock after selling 75,158 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,269,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in JPST. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new stake 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 4th quarter valued at about $30,000. Motiv8 Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $32,000. Finally, TD Private Client Wealth LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after purchasing an additional 350 shares in the last quarter. 2.17% of the stock is owned by institutional investors.
JPMorgan Ultra-Short Income ETF Price Performance
JPST stock opened at $50.40 on Thursday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.39 and a fifty-two week high of $50.79. The business has a 50-day moving average of $50.52 and a 200-day moving average of $50.59. The stock has a market capitalization of $39.15 billion, a P/E ratio of 109.57 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.
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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).
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