Intrepid Family Office LLC Takes Position in JPMorgan Ultra-Short Income ETF $JPST

Intrepid Family Office LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, Holdings Channel reports. The firm purchased 12,500 shares of the company’s stock, valued at approximately $632,000. JPMorgan Ultra-Short Income ETF accounts for approximately 0.5% of Intrepid Family Office LLC’s portfolio, making the stock its 27th biggest position.

A number of other large investors have also made changes to their positions in JPST. Mezzasalma Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF by 70.9% in the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after acquiring an additional 33,446 shares during the period. Webster Bank N. A. grew its position in JPMorgan Ultra-Short Income ETF by 27.0% in the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock worth $5,430,000 after acquiring an additional 22,815 shares during the period. Greenberg Financial Group purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $1,544,000. Buck Wealth Strategies LLC grew its position in JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after acquiring an additional 19,402 shares during the period. Finally, Optima Capital LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $3,485,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.1%

JPST opened at $50.48 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The business has a fifty day simple moving average of $50.51 and a 200-day simple moving average of $50.60. The firm has a market cap of $37.52 billion, a P/E ratio of 109.74 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.