Stephens Inc. AR Raises Holdings in JPMorgan Ultra-Short Income ETF $JPST

Stephens Inc. AR increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 806,296 shares of the company’s stock after buying an additional 47,102 shares during the quarter. Stephens Inc. AR owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $40,791,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Rossmore Private Capital purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $28,000. MGB Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.50 on Friday. The business’s 50-day moving average is $50.53 and its two-hundred day moving average is $50.62. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.42 and a 12 month high of $50.79. The firm has a market capitalization of $37.53 billion, a PE ratio of 109.78 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.