Savant Capital LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 8.5% during the fourth quarter, Holdings Channel reports. The firm owned 113,113 shares of the company’s stock after selling 10,462 shares during the period. Savant Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,722,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Moors & Cabot Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 27.2% in the 4th quarter. Moors & Cabot Inc. now owns 9,169 shares of the company’s stock worth $464,000 after purchasing an additional 1,960 shares in the last quarter. Houlihan Financial Resource Group Ltd. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 155.9% during the fourth quarter. Houlihan Financial Resource Group Ltd. now owns 215,655 shares of the company’s stock valued at $10,927,000 after acquiring an additional 131,391 shares during the period. IFG Advisory LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.5% during the fourth quarter. IFG Advisory LLC now owns 159,806 shares of the company’s stock valued at $8,085,000 after acquiring an additional 3,957 shares during the period. Thoroughbred Financial Services LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 51.2% during the fourth quarter. Thoroughbred Financial Services LLC now owns 20,727 shares of the company’s stock valued at $1,048,000 after acquiring an additional 7,021 shares during the period. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $178,000. 2.17% of the stock is currently owned by institutional investors.
JPMorgan Ultra-Short Income ETF Price Performance
JPST stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.42 and a 52-week high of $50.79. The company’s 50 day simple moving average is $50.53 and its 200-day simple moving average is $50.62. The firm has a market capitalization of $37.62 billion, a P/E ratio of 110.04 and a beta of 0.01.
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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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