Capital Analysts LLC lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 66.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,013 shares of the company’s stock after selling 78,861 shares during the quarter. Capital Analysts LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,960,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $25,000. BluePath Capital Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $26,000. Coppell Advisory Solutions Corp. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $32,000. Mendota Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $34,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter valued at about $38,000.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of NYSEARCA JPST remained flat at $50.31 during midday trading on Tuesday. 359,543 shares of the company were exchanged, compared to its average volume of 3,726,286. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $49.93 and a fifty-two week high of $50.51. The stock’s 50 day moving average is $50.34 and its 200-day moving average is $50.27.
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
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- DocuSign and The Case for 66% Upside
- With Risk Tolerance, One Size Does Not Fit All
- ASML’s Earnings Could Bring The Stock to New Highs
- What is a Stock Market Index and How Do You Use Them?
- Buckle Up or Bail Out? The Self-Driving Taxi Market’s Risky Ride
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.