JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Verus Capital Partners LLC

Verus Capital Partners LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 236.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,694 shares of the company’s stock after acquiring an additional 32,826 shares during the period. Verus Capital Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,362,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JPST. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $28,000. MGB Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $30,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $38,000. Finally, TD Private Client Wealth LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.44 on Thursday. 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 $37.49 billion, a PE ratio of 109.65 and a beta of 0.01. The stock’s 50 day moving average price is $50.52 and its 200 day moving average price is $50.61.

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.