Oppenheimer & Co. Inc. lowered its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 88.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 109,307 shares of the company’s stock after selling 814,310 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,506,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the company. Strengthening Families & Communities LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $28,000. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $34,000. Allied Private Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter worth $38,000. Rice Partnership LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 327.5% in the first quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after purchasing an additional 655 shares during the period. Finally, Abound Wealth Management boosted its holdings in JPMorgan Ultra-Short Income ETF by 1,963.3% in the second quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock worth $51,000 after purchasing an additional 962 shares during the period. Institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Price Performance
JPST stock opened at $50.39 on Thursday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.79. The firm has a fifty day moving average price of $50.38 and a two-hundred day moving average price of $50.51. The firm has a market cap of $43.09 billion, a price-to-earnings ratio of 109.54 and a beta of 0.01.
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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