Rock Creek Group LP Has $65.51 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Rock Creek Group LP lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.0% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,294,929 shares of the company’s stock after buying an additional 37,892 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 6.9% of Rock Creek Group LP’s investment portfolio, making the stock its 6th largest position. Rock Creek Group LP’s holdings in JPMorgan Ultra-Short Income ETF were worth $65,513,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Archer Investment Corp grew its position in JPMorgan Ultra-Short Income ETF by 11.2% in the 3rd quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock worth $101,000 after purchasing an additional 200 shares during the period. Lakeridge Wealth Management LLC grew its position in JPMorgan Ultra-Short Income ETF by 4.5% in the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after purchasing an additional 206 shares during the period. EverSource Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 2.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares during the period. Lantern Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 5.0% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after purchasing an additional 226 shares during the period. Finally, Condor Capital Management grew its position in JPMorgan Ultra-Short Income ETF by 1.6% in the 3rd quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after purchasing an additional 231 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

NYSEARCA:JPST opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The company has a market cap of $37.62 billion, a PE ratio of 110.04 and a beta of 0.01. The company has a 50 day simple moving average of $50.53 and a two-hundred day simple moving average of $50.62.

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.