JPMorgan Ultra-Short Income ETF $JPST is Alexis Investment Partners LLC’s 4th Largest Position

Alexis Investment Partners LLC cut its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 169,467 shares of the company’s stock after selling 15,858 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 5.9% of Alexis Investment Partners LLC’s investment portfolio, making the stock its 4th biggest holding. Alexis Investment Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,570,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mezzasalma Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 70.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares during the last quarter. Webster Bank N. A. grew its holdings in JPMorgan Ultra-Short Income ETF by 27.0% during the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after buying an additional 22,815 shares during the last quarter. Buck Wealth Strategies LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 7.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after buying an additional 19,402 shares during the last quarter. Greenberg Financial Group purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $1,544,000. Finally, Optima Capital LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $3,485,000. 2.17% of the stock is owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of NYSEARCA:JPST opened at $50.57 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79. The stock’s fifty day simple moving average is $50.52 and its 200-day simple moving average is $50.59. The company has a market capitalization of $37.59 billion, a P/E ratio of 109.93 and a beta of 0.01.

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.