Great Valley Advisor Group Inc. cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 54.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 235,616 shares of the company’s stock after selling 282,872 shares during the period. Great Valley Advisor Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,919,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Jackson Hole Capital Partners LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $28,000. MGB Wealth Management LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $30,000. Sittner & Nelson LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at $30,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $38,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Up 0.1%
Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.48 on Friday. The stock’s 50-day simple moving average is $50.51 and its 200-day simple moving average is $50.60. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The company has a market capitalization of $37.52 billion, a price-to-earnings ratio of 109.74 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.
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