Brookstone Capital Management lifted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 40.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 101,855 shares of the company’s stock after purchasing an additional 29,521 shares during the quarter. Brookstone Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,155,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of the stock. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $28,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth $30,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $30,000. Finally, Motiv8 Investments LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $32,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Price Performance
Shares of JPST opened at $50.52 on Wednesday. The firm has a market capitalization of $37.55 billion, a PE ratio of 109.83 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year high of $50.79. The company’s fifty day moving average price is $50.52 and its 200-day moving average price is $50.59.
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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