Northstar Financial Companies Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 76.8% in the first quarter, Holdings Channel.com reports. The firm owned 60,844 shares of the company’s stock after purchasing an additional 26,435 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.4% of Northstar Financial Companies Inc.’s investment portfolio, making the stock its 10th biggest position. Northstar Financial Companies Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,079,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently added to or reduced their stakes in JPST. SouthState Bank Corp boosted its position in shares of JPMorgan Ultra-Short Income ETF by 11.6% during the first quarter. SouthState Bank Corp now owns 45,569 shares of the company’s stock valued at $2,306,000 after buying an additional 4,741 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the first quarter. Sanctuary Advisors LLC now owns 151,261 shares of the company’s stock worth $7,655,000 after buying an additional 10,638 shares during the period. Sterling Investment Advisors Ltd. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 306.1% in the first quarter. Sterling Investment Advisors Ltd. now owns 46,097 shares of the company’s stock worth $2,333,000 after buying an additional 34,747 shares during the period. Cornerstone Advisory LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 1st quarter. Cornerstone Advisory LLC now owns 201,340 shares of the company’s stock worth $10,190,000 after acquiring an additional 8,620 shares during the last quarter. Finally, Nwam LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 1st quarter. Nwam LLC now owns 66,514 shares of the company’s stock worth $3,366,000 after acquiring an additional 2,837 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors.
JPMorgan Ultra-Short Income ETF Stock Up 0.1%
JPST opened at $50.47 on Wednesday. The business has a fifty day moving average of $50.49 and a 200 day moving average of $50.57. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The stock has a market cap of $39.89 billion, a P/E ratio of 109.72 and a beta of 0.01.
JPMorgan Ultra-Short Income ETF 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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