Cobblestone Asset Management LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 11.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 546,363 shares of the company’s stock after selling 69,015 shares during the period. JPMorgan Ultra-Short Income ETF accounts for approximately 12.4% of Cobblestone Asset Management LLC’s holdings, making the stock its biggest holding. Cobblestone Asset Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $27,651,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of JPST. Nicholson Meyer Capital Management Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the first quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the last quarter. Lakeridge Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.5% in the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after buying an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock valued at $434,000 after buying an additional 221 shares in the last quarter. Lantern Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after buying an additional 226 shares in the last quarter. Finally, Keel Point LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.4% during the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after buying an additional 239 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPST opened at $50.42 on Friday. The firm has a market cap of $39.27 billion, a price-to-earnings ratio of 109.61 and a beta of 0.01. The stock has a 50 day moving average of $50.51 and a 200-day moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79.
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.
Featured Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- These Stocks Could Win as Wall Street Looks Beyond AI Software
- D.R. Horton Is Defying the Housing Gloom
- Why Flywire and Airbnb Could Be Quiet Winners of a Ceasefire
- Broadcom and OpenAI Unveil Jalapeño: An Early Step to Massive AI Growth Potential
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).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
