Slow Capital Inc. Purchases 40,172 Shares of JPMorgan Ultra-Short Income ETF $JPST

Slow Capital Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 116.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,705 shares of the company’s stock after purchasing an additional 40,172 shares during the quarter. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,790,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Brentview Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $35,000. Silicon Valley Capital Partners purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $37,000. American National Bank & Trust bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $38,000. Quaker Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares in the last quarter. Finally, Vestor Capital LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $41,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.67 on Tuesday. The business has a 50-day simple moving average of $50.66 and a two-hundred day simple moving average of $50.65. The stock has a market cap of $35.95 billion, a price-to-earnings ratio of 110.15 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78.

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.