NewEdge Advisors LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 5.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,153,944 shares of the company’s stock after selling 60,555 shares during the period. NewEdge Advisors LLC owned about 0.16% of JPMorgan Ultra-Short Income ETF worth $58,401,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $28,000. Sittner & Nelson LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $30,000. Motiv8 Investments LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Down 0.0%
JPST stock opened at $50.40 on Friday. The firm has a market cap of $40.30 billion, a PE ratio of 109.57 and a beta of 0.01. The business has a 50 day moving average of $50.48 and a 200-day moving average of $50.55. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79.
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.
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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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