JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Gerber Kawasaki Wealth & Investment Management

Gerber Kawasaki Wealth & Investment Management lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 652,830 shares of the company’s stock after purchasing an additional 55,093 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.1% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 26th biggest holding. Gerber Kawasaki Wealth & Investment Management owned about 0.09% of JPMorgan Ultra-Short Income ETF worth $33,027,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Jackson Hole Capital Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $28,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $30,000. Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $30,000. Finally, Halbert Hargrove Global Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter worth about $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.49 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one year high of $50.79. The company has a 50-day moving average of $50.51 and a two-hundred day moving average of $50.60. The stock has a market cap of $37.53 billion, a price-to-earnings ratio of 109.76 and a beta of 0.01.

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.