Taylor Securities Services Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 264,319 shares of the company’s stock, valued at approximately $13,372,000. JPMorgan Ultra-Short Income ETF makes up approximately 6.1% of Taylor Securities Services Inc.’s portfolio, making the stock its 5th biggest position.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $30,000. Sittner & Nelson LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Finally, Motiv8 Investments LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 2.17% of the company’s stock.
JPMorgan Ultra-Short Income ETF Stock Performance
NYSEARCA JPST opened at $50.50 on Friday. The company has a fifty day simple moving average of $50.52 and a 200 day simple moving average of $50.59. The company has a market cap of $37.53 billion, a P/E ratio of 109.78 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.41 and a 1 year high of $50.79.
About JPMorgan Ultra-Short Income ETF
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.
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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
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