Signaturefd LLC Buys 85,563 Shares of JPMorgan Ultra-Short Income ETF $JPST

Signaturefd LLC increased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,380,492 shares of the company’s stock after buying an additional 85,563 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.9% of Signaturefd LLC’s portfolio, making the stock its 19th largest position. Signaturefd LLC owned about 0.16% of JPMorgan Ultra-Short Income ETF worth $69,535,000 as of its most recent filing with the SEC.

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

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST opened at $50.36 on Friday. The firm’s 50 day moving average is $50.38 and its 200-day moving average is $50.46. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79. The firm has a market capitalization of $42.86 billion, a P/E ratio of 109.48 and a beta of 0.01.

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.