First Business Financial Services Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.3% during the fourth quarter, HoldingsChannel reports. The firm owned 217,698 shares of the company’s stock after acquiring an additional 14,901 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.0% of First Business Financial Services Inc.’s investment portfolio, making the stock its 15th largest position. First Business Financial Services Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,013,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently made changes to their positions in JPST. Rossmore Private Capital acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $28,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $38,000. 2.17% of the stock is owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Stock Down 0.0%
JPST opened at $50.49 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.42 and a 12-month high of $50.79. The stock has a market cap of $37.53 billion, a price-to-earnings ratio of 109.76 and a beta of 0.01. The business has a 50 day moving average of $50.53 and a 200-day moving average of $50.62.
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.
Recommended Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
- Why Home Depot’s Sell-Off Could Become a Huge Opportunity
Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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.
