Verus Capital Partners LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 34.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,215 shares of the company’s stock after selling 24,452 shares during the quarter. Verus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,328,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in JPST. Strengthening Families & Communities LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $28,000. Hughes Financial Services LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 75.8% in the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock valued at $30,000 after purchasing an additional 254 shares during the last quarter. Beacon Financial Strategies CORP acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $34,000. Allied Private Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $38,000. Finally, Rice Partnership LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
JPMorgan Ultra-Short Income ETF stock opened at $50.30 on Friday. The stock has a market cap of $42.55 billion, a P/E ratio of 109.35 and a beta of 0.02. The company has a fifty day simple moving average of $50.34 and a 200-day simple moving average of $50.49. 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 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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