Oxbow Advisors LLC Increases Holdings in JPMorgan Ultra-Short Income ETF $JPST

Oxbow Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 30.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 77,063 shares of the company’s stock after buying an additional 18,078 shares during the period. Oxbow Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,899,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Rossmore Private Capital bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $28,000. MGB Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $38,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.50 on Friday. The firm’s 50 day moving average price is $50.55 and its 200-day moving average price is $50.63. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.42 and a 1 year high of $50.79. The stock has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01.

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.