NFSG Corp boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 45.5% during the first quarter, HoldingsChannel.com reports. The fund owned 115,523 shares of the company’s stock after acquiring an additional 36,108 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.0% of NFSG Corp’s portfolio, making the stock its 27th biggest position. NFSG Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,847,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Millennium Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares during the period. Goldman Sachs Group Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the 1st quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Income ETF by 99.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after purchasing an additional 496 shares during the period. First Trust Advisors LP acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $203,000. Finally, Brown Advisory Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 7.6% during the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after buying an additional 431 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of NYSEARCA JPST opened at $50.47 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The business’s fifty day moving average price is $50.49 and its two-hundred day moving average price is $50.57. The firm has a market capitalization of $39.89 billion, a PE 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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