Lido Advisors LLC Increases Position in JPMorgan Ultra-Short Income ETF $JPST

Lido Advisors LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1,017.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,410,553 shares of the company’s stock after purchasing an additional 1,284,279 shares during the period. Lido Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $71,377,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $28,000. MGB Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $30,000. TD Private Client Wealth LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after purchasing an additional 350 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.42 and a 52 week high of $50.79. The company’s 50 day moving average is $50.52 and its two-hundred day moving average is $50.61. The company has a market cap of $37.49 billion, a PE ratio of 109.65 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.