Paces Ferry Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 260,513 shares of the company’s stock after buying an additional 18,117 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 5.5% of Paces Ferry Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest holding. Paces Ferry Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,185,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Hershey Financial Advisers LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter valued at $249,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth $75,000. GatePass Capital LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 8.4% in the first quarter. GatePass Capital LLC now owns 73,524 shares of the company’s stock worth $3,721,000 after acquiring an additional 5,708 shares during the period. Ceera Investments LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 63.7% during the first quarter. Ceera Investments LLC now owns 395,152 shares of the company’s stock worth $19,999,000 after purchasing an additional 153,749 shares during the last quarter. Finally, Arcus Capital Partners LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 563.0% during the first quarter. Arcus Capital Partners LLC now owns 265,538 shares of the company’s stock worth $13,439,000 after purchasing an additional 225,485 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Price Performance
NYSEARCA JPST opened at $50.50 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.39 and a 1 year high of $50.79. The company has a market capitalization of $40.02 billion, a PE ratio of 109.78 and a beta of 0.01. The company has a fifty day moving average of $50.49 and a 200 day moving average of $50.57.
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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