41,675 Shares in JPMorgan Ultra-Short Income ETF $JPST Bought by 9823 Capital L.P.

9823 Capital L.P. purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, Holdings Channel.com reports. The firm purchased 41,675 shares of the company’s stock, valued at approximately $2,108,000. JPMorgan Ultra-Short Income ETF accounts for about 1.5% of 9823 Capital L.P.’s holdings, making the stock its 8th largest position.

Several other large investors also recently bought and sold shares of the business. Lakeridge Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 4.5% during the fourth quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock worth $241,000 after buying an additional 206 shares during the period. EverSource Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 2.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 8,585 shares of the company’s stock worth $434,000 after buying an additional 221 shares during the period. Lantern Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after buying an additional 226 shares during the period. Condor Capital Management boosted its stake in JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after buying an additional 231 shares during the period. Finally, Keel Point LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.4% during the second quarter. Keel Point LLC now owns 17,002 shares of the company’s stock worth $862,000 after buying an additional 239 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.1%

NYSEARCA JPST opened at $50.48 on Thursday. The company has a fifty day moving average of $50.51 and a two-hundred day moving average of $50.60. The firm 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 has a 52 week low of $50.41 and a 52 week 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.