Bluedoor Private Wealth LLC bought a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm bought 192,123 shares of the company’s stock, valued at approximately $9,720,000. JPMorgan Ultra-Short Income ETF accounts for 4.5% of Bluedoor Private Wealth LLC’s portfolio, making the stock its biggest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of JPST. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $28,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $30,000. Finally, Motiv8 Investments LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $32,000. 2.17% of the stock is owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Trading Up 0.1%
Shares of JPST opened at $50.52 on Tuesday. The firm has a market capitalization of $37.55 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01. The firm’s fifty day simple moving average is $50.51 and its 200-day simple moving average is $50.60. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79.
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.
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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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