Noesis Capital Mangement Corp Boosts Stake in JPMorgan Ultra-Short Income ETF $JPST

Noesis Capital Mangement Corp lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 313,764 shares of the company’s stock after acquiring an additional 45,845 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 2.3% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 21st largest holding. Noesis Capital Mangement Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $15,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in JPST. Mezzasalma Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares during the period. Webster Bank N. A. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 27.0% during the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after buying an additional 22,815 shares during the period. Buck Wealth Strategies LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after buying an additional 19,402 shares during the period. Optima Capital LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $3,485,000. Finally, Greenberg Financial Group purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $1,544,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.48 on Thursday. JPMorgan Ultra-Short Income ETF has a one year low of $50.39 and a one year high of $50.79. The firm has a market capitalization of $39.90 billion, a P/E ratio of 109.74 and a beta of 0.01. The business has a fifty day moving average of $50.49 and a 200 day moving average of $50.57.

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.