Barnes Wealth Management Group Inc raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 48.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 76,691 shares of the company’s stock after buying an additional 25,158 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.1% of Barnes Wealth Management Group Inc’s portfolio, making the stock its 12th biggest holding. Barnes Wealth Management Group Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,880,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Cardiff Park Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $25,000. Jackson Hole Capital Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $28,000. Sittner & Nelson LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $30,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $30,000. Finally, Motiv8 Investments LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $32,000. 2.17% of the stock is owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Trading Up 0.0%
NYSEARCA JPST opened at $50.50 on Friday. The firm has a market capitalization of $37.53 billion, a PE ratio of 109.78 and a beta of 0.01. The business’s 50-day moving average price is $50.52 and its two-hundred day moving average price is $50.59. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.41 and a 12 month high of $50.79.
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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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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