JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Kensington Asset Management LLC

Kensington Asset Management LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,161,999 shares of the company’s stock after acquiring an additional 81,767 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 3.0% of Kensington Asset Management LLC’s portfolio, making the stock its 11th biggest position. Kensington Asset Management LLC owned approximately 0.16% of JPMorgan Ultra-Short Income ETF worth $59,006,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Lakeridge Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after acquiring an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after acquiring an additional 221 shares during the last quarter. Lantern Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after acquiring an additional 226 shares during the last quarter. Condor Capital Management grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after acquiring an additional 231 shares during the last quarter. Finally, Keel Point LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after acquiring an additional 239 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPST opened at $50.49 on Friday. The firm has a market cap of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01. The company’s 50 day simple moving average is $50.51 and its 200-day simple moving average is $50.60. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

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.