Sharper & Granite LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 32.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 141,264 shares of the company’s stock after selling 68,705 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 2.3% of Sharper & Granite LLC’s holdings, making the stock its 14th largest holding. Sharper & Granite LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,149,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of JPST. Adventist Health System Sunbelt Healthcare Corp grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after purchasing an additional 1,921,600 shares during the last quarter. Fluent Financial LLC grew its stake in JPMorgan Ultra-Short Income ETF by 454.3% in the third quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock worth $61,341,000 after purchasing an additional 998,097 shares in the last quarter. Kensington Asset Management LLC grew its stake in JPMorgan Ultra-Short Income ETF by 71.7% in the first quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after purchasing an additional 832,640 shares in the last quarter. HighTower Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 50.0% during the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock worth $100,557,000 after purchasing an additional 662,886 shares during the period. Finally, Ridgepath Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 214.7% during the 1st quarter. Ridgepath Capital Management LLC now owns 938,877 shares of the company’s stock worth $47,517,000 after purchasing an additional 640,542 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA JPST traded up $0.02 on Friday, reaching $50.30. 9,167,335 shares of the stock traded hands, compared to its average volume of 6,954,212. The company has a fifty day moving average price of $50.34 and a 200-day moving average price of $50.49. The company has a market cap of $42.55 billion, a price-to-earnings ratio of 109.35 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.79.
JPMorgan Ultra-Short Income ETF Company 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.
Featured Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
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.
