Little House Capital LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 86.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 22,220 shares of the company’s stock after selling 145,095 shares during the quarter. Little House Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,125,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $28,000. Sittner & Nelson LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Motiv8 Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $32,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Performance
JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The company has a 50 day moving average price of $50.49 and a 200 day moving average price 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 firm has a market capitalization of $40.02 billion, a price-to-earnings ratio of 109.78 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.
See Also
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Netflix May Be Cheap Enough to Tempt Buyers After Earnings Drop
- Delta vs. United: Which Airline Is Better Built for Higher Fuel Costs?
- The Market Sold Alcoa After Earnings—But It May Be Missing the Real Story
- Why Intuitive Surgical’s Strong Quarter Still Spooked Investors
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).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
