Oarsman Capital Inc. Reduces Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Oarsman Capital Inc. decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 42.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 133,569 shares of the company’s stock after selling 96,718 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.9% of Oarsman Capital Inc.’s portfolio, making the stock its 19th biggest holding. Oarsman Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,757,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Tobias Financial Advisors Inc. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 6.6% in the 4th quarter. Tobias Financial Advisors Inc. now owns 11,088 shares of the company’s stock worth $561,000 after purchasing an additional 686 shares during the period. Venture Visionary Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 312.6% in the 4th quarter. Venture Visionary Partners LLC now owns 25,494 shares of the company’s stock worth $1,290,000 after purchasing an additional 19,315 shares during the period. Motiv8 Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $32,000. Focus Partners Wealth boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 149.9% in the 4th quarter. Focus Partners Wealth now owns 1,440,192 shares of the company’s stock worth $72,957,000 after purchasing an additional 863,988 shares during the period. Finally, Kensington Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 4th quarter. Kensington Asset Management LLC now owns 1,161,999 shares of the company’s stock worth $59,006,000 after purchasing an additional 81,767 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

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Tuesday. The stock has a market cap of $37.55 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01. The stock has a 50 day moving average price of $50.51 and a 200-day moving average price of $50.60. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one year high of $50.79.

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.