Scarborough Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 20.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 158,477 shares of the company’s stock after buying an additional 26,442 shares during the period. Scarborough Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,021,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of JPST. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 10.1% in the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock worth $5,386,450,000 after acquiring an additional 9,729,791 shares during the last quarter. Morgan Stanley increased its position in JPMorgan Ultra-Short Income ETF by 2.4% during the fourth quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after acquiring an additional 1,449,509 shares during the period. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock valued at $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in JPMorgan Ultra-Short Income ETF by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock valued at $579,023,000 after purchasing an additional 194,855 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA:JPST opened at $50.50 on Monday. The firm’s 50-day moving average is $50.49 and its 200-day moving average is $50.57. The company has a market cap of $40.02 billion, a price-to-earnings ratio of 109.78 and a beta of 0.01. 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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