IVC Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) in the second quarter, HoldingsChannel.com reports. The institutional investor purchased 4,587 shares of the company’s stock, valued at approximately $232,000.
A number of other large investors also recently bought and sold shares of JPST. Chelsea Counsel Co. purchased a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at about $25,000. Pandora Wealth Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $34,000. Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth about $36,000. TD Private Client Wealth LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $48,000. Finally, Sound Income Strategies LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 54.9% in the second quarter. Sound Income Strategies LLC now owns 1,162 shares of the company’s stock worth $59,000 after buying an additional 412 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.61 on Friday. The stock has a market capitalization of $34.00 billion, a PE ratio of 110.02 and a beta of 0.03. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.76. The company has a 50-day simple moving average of $50.65 and a two-hundred day simple moving average of $50.57.
JPMorgan Ultra-Short Income ETF Company 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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