Nepsis Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 17.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,476 shares of the company’s stock after buying an additional 6,846 shares during the period. JPMorgan Ultra-Short Income ETF comprises 0.6% of Nepsis Inc.’s investment portfolio, making the stock its 28th largest holding. Nepsis Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,353,000 as of its most recent SEC filing.
Other hedge funds also recently added to or reduced their stakes in the company. Sanibel Captiva Trust Company Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at about $208,000. Dividend Assets Capital LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the first quarter worth approximately $268,000. Parsons Capital Management Inc. RI increased its position in shares of JPMorgan Ultra-Short Income ETF by 8.3% in the 1st quarter. Parsons Capital Management Inc. RI now owns 26,004 shares of the company’s stock valued at $1,317,000 after purchasing an additional 1,990 shares during the last quarter. Accurate Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $233,000. Finally, Simplicity Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $481,000.
JPMorgan Ultra-Short Income ETF Trading Up 0.1%
Shares of JPST stock opened at $50.48 on Tuesday. The firm has a fifty day moving average price of $50.49 and a 200 day moving average price of $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.25 and a 12 month high of $50.75.
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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