International Assets Investment Management LLC Purchases 31,544 Shares of JPMorgan Ultra-Short Income ETF $JPST

International Assets Investment Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 53.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 90,299 shares of the company’s stock after purchasing an additional 31,544 shares during the quarter. International Assets Investment Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JPST. Rossmore Private Capital bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $28,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.49 on Friday. The stock has a 50 day moving average price of $50.55 and a 200 day moving average price of $50.63. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The stock has a market capitalization of $37.53 billion, a PE ratio of 109.76 and a beta of 0.01.

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.