Lido Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 14.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,609,839 shares of the company’s stock after buying an additional 199,286 shares during the quarter. Lido Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $81,474,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in JPST. Cardiff Park Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $28,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $30,000. Motiv8 Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $32,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth about $38,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
JPMorgan Ultra-Short Income ETF stock opened at $50.49 on Thursday. The company has a 50-day moving average price of $50.49 and a 200 day moving average price of $50.56. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The stock has a market cap of $40.01 billion, a P/E ratio of 109.76 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.
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