JPMorgan Ultra-Short Income ETF $JPST Holdings Lifted by J. Mark Nickell & Co.

J. Mark Nickell & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 196,636 shares of the company’s stock after buying an additional 16,953 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 9.0% of J. Mark Nickell & Co.’s holdings, making the stock its 5th biggest position. J. Mark Nickell & Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,952,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Millennium Management LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $3,603,000. EverSource Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Income ETF by 99.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock valued at $50,000 after buying an additional 496 shares during the period. First Trust Advisors LP purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $203,000. Finally, Brown Advisory Inc. lifted its position in JPMorgan Ultra-Short Income ETF by 7.6% in the 2nd quarter. Brown Advisory Inc. now owns 6,113 shares of the company’s stock worth $310,000 after buying an additional 431 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.54 on Friday. The firm has a fifty day moving average of $50.49 and a two-hundred day moving average of $50.56. The firm has a market capitalization of $40.35 billion, a P/E ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month 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.