BayBridge Capital Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 34.5% in the 2nd quarter, HoldingsChannel reports. The fund owned 119,796 shares of the company’s stock after purchasing an additional 30,751 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 3.2% of BayBridge Capital Group LLC’s investment portfolio, making the stock its 7th biggest holding. BayBridge Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,058,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in JPST. Nicholson Meyer Capital Management Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock valued at $1,128,000 after purchasing an additional 202 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after purchasing an additional 221 shares during the last quarter. Whipplewood Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the first quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after purchasing an additional 227 shares in the last quarter. Vista Cima Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock valued at $1,766,000 after purchasing an additional 239 shares in the last quarter. Finally, Keel Point LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after buying an additional 239 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Trading Down 0.0%
Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.38 on Wednesday. The stock has a fifty day simple moving average of $50.47 and a 200 day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.35 and a 12-month high of $50.79. The company has a market capitalization of $40.28 billion, a P/E ratio of 109.52 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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