Quadrant Capital Group LLC Has $88.21 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Quadrant Capital Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.9% in the 4th quarter, Holdings Channel reports. The fund owned 1,743,625 shares of the company’s stock after purchasing an additional 239,528 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 2.7% of Quadrant Capital Group LLC’s portfolio, making the stock its 6th biggest position. Quadrant Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $88,210,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JPST. Millennium Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after acquiring an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth about $3,603,000. EverSource Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 99.6% during the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after buying an additional 496 shares in the last quarter. First Trust Advisors LP bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $203,000. Finally, Brown Advisory Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% during the second quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after buying an additional 431 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.49 on Friday. The company has a market cap of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79. The stock has a 50-day simple moving average of $50.51 and a 200 day simple moving average of $50.60.

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.