Catalina Capital Group LLC Boosts Stake in JPMorgan Ultra-Short Income ETF $JPST

Catalina Capital Group LLC boosted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 162,455 shares of the company’s stock after purchasing an additional 27,689 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 5.0% of Catalina Capital Group LLC’s holdings, making the stock its 2nd largest holding. Catalina Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in JPST. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $35,000. Silicon Valley Capital Partners bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $37,000. American National Bank & Trust bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $38,000. Frazier Financial Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth approximately $41,000. Finally, Quaker Wealth Management LLC lifted its position in JPMorgan Ultra-Short Income ETF by 173.1% in the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.63 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The business has a 50 day moving average price of $50.66 and a 200-day moving average price of $50.65. The firm has a market cap of $35.86 billion, a PE ratio of 110.07 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.