Parkside Investments LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 37.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 145,534 shares of the company’s stock after purchasing an additional 39,950 shares during the quarter. Parkside Investments LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,331,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also modified their holdings of JPST. Adventist Health System Sunbelt Healthcare Corp increased its stake in JPMorgan Ultra-Short Income ETF by 215.9% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after buying an additional 1,921,600 shares in the last quarter. Fluent Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 454.3% during the third quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock valued at $61,341,000 after acquiring an additional 998,097 shares during the last quarter. Kensington Asset Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 71.7% during the first quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock valued at $100,949,000 after acquiring an additional 832,640 shares during the last quarter. Intrua Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 721.3% during the first quarter. Intrua Financial LLC now owns 808,670 shares of the company’s stock valued at $40,927,000 after acquiring an additional 710,213 shares during the last quarter. Finally, HighTower Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 50.0% in the second quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock valued at $100,557,000 after acquiring an additional 662,886 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of JPST opened at $50.35 on Wednesday. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.79. The stock has a market capitalization of $42.53 billion, a price-to-earnings ratio of 109.46 and a beta of 0.01. The stock has a 50 day moving average price of $50.39 and a 200 day moving average price of $50.46.
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.
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