JPMorgan Ultra-Short Income ETF $JPST Stock Position Lifted by Requisite Capital Management LLC

Requisite Capital Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 286,425 shares of the company’s stock after buying an additional 55,015 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.8% of Requisite Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Requisite Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $14,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently modified their holdings of JPST. Rossmore Private Capital bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $28,000. MGB Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at about $38,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.50 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.42 and a 1 year high of $50.79. The company has a market cap of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. The stock’s 50-day moving average is $50.53 and its 200 day moving average is $50.62.

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.