JPMorgan Ultra-Short Income ETF $JPST Stock Bought by Legacy CG LLC

Legacy CG LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 72.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 611,325 shares of the company’s stock after acquiring an additional 257,164 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 7.8% of Legacy CG LLC’s holdings, making the stock its biggest position. Legacy CG LLC owned 0.07% of JPMorgan Ultra-Short Income ETF worth $30,792,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Strengthening Families & Communities LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $28,000. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $34,000. Allied Private Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $38,000. Rice Partnership LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 327.5% during the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock valued at $43,000 after purchasing an additional 655 shares in the last quarter. Finally, Abound Wealth Management grew its position in shares of JPMorgan Ultra-Short Income ETF by 1,963.3% during the 2nd quarter. Abound Wealth Management now owns 1,011 shares of the company’s stock valued at $51,000 after purchasing an additional 962 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.25 on Wednesday. The stock has a market cap of $42.37 billion, a P/E ratio of 109.24 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79. The firm’s fifty day moving average price is $50.36 and its 200-day moving average price is $50.50.

JPMorgan Ultra-Short Income ETF Company 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.