JPMorgan Ultra-Short Income ETF $JPST is Mcmorgan & Co. LLC’s 8th Largest Position

Mcmorgan & Co. LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 448,136 shares of the company’s stock after selling 551,131 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 3.7% of Mcmorgan & Co. LLC’s portfolio, making the stock its 8th biggest holding. Mcmorgan & Co. LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $22,680,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of JPST. Cardiff Park Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $25,000. Jackson Hole Capital Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $28,000. Sittner & Nelson LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $30,000. Motiv8 Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth 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 fourth quarter worth approximately $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA JPST opened at $50.48 on Thursday. The firm has a 50 day moving average of $50.49 and a 200 day moving average of $50.57. The firm has a market capitalization of $39.90 billion, a price-to-earnings ratio of 109.74 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79.

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.