Ceera Investments LLC decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 8.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 241,403 shares of the company’s stock after selling 22,122 shares during the period. JPMorgan Ultra-Short Income ETF makes up 4.7% of Ceera Investments LLC’s holdings, making the stock its 2nd largest position. Ceera Investments LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,213,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in the stock. Harbour Investments Inc. increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.2% during the 4th quarter. Harbour Investments Inc. now owns 393,308 shares of the company’s stock valued at $19,897,000 after acquiring an additional 8,377 shares during the last quarter. MSH Capital Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. MSH Capital Advisors LLC now owns 39,833 shares of the company’s stock valued at $2,015,000 after acquiring an additional 1,725 shares during the last quarter. Fisher Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $221,000. Clearstead Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 57.9% during the 4th quarter. Clearstead Advisors LLC now owns 3,053 shares of the company’s stock valued at $154,000 after acquiring an additional 1,119 shares during the last quarter. Finally, Allen Capital Group LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the 4th quarter. Allen Capital Group LLC now owns 308,587 shares of the company’s stock valued at $15,611,000 after acquiring an additional 56,914 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
Shares of NYSEARCA JPST opened at $50.53 on Tuesday. The firm has a market cap of $37.56 billion, a price-to-earnings ratio of 109.85 and a beta of 0.01. The business’s 50-day simple moving average is $50.53 and its 200-day simple moving average is $50.62. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79.
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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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