NewEdge Advisors LLC lowered its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 61.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 474,198 shares of the company’s stock after selling 740,301 shares during the quarter. NewEdge Advisors LLC owned 0.06% of JPMorgan Ultra-Short Income ETF worth $23,999,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the stock. Nicholson Meyer Capital Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.9% in the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after buying an additional 202 shares during the last quarter. EverSource Wealth Advisors LLC increased its position 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 acquiring an additional 221 shares during the last quarter. Whipplewood Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 1.2% during the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after acquiring an additional 227 shares during the last quarter. Keel Point LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 1.4% in the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after acquiring an additional 239 shares during the period. Finally, Atticus Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.2% in the fourth quarter. Atticus Wealth Management LLC now owns 7,897 shares of the company’s stock valued at $399,000 after acquiring an additional 243 shares during the period. Institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of NYSEARCA:JPST opened at $50.54 on Thursday. The stock has a market capitalization of $40.35 billion, a price-to-earnings ratio of 109.87 and a beta of 0.01. The stock’s 50-day simple moving average is $50.49 and its two-hundred day simple moving average is $50.56. 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.
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