Assetmark Inc. Boosts Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Assetmark Inc. raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,631,342 shares of the company’s stock after buying an additional 108,997 shares during the period. Assetmark Inc. owned about 0.22% of JPMorgan Ultra-Short Income ETF worth $82,562,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the third 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 valued at $28,000. Sittner & Nelson LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $30,000. Motiv8 Investments LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $32,000. Finally, TD Private Client Wealth LLC raised its stake in JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after acquiring an additional 350 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.39 and a 1-year high of $50.79. The stock has a market cap of $39.90 billion, a PE ratio of 109.74 and a beta of 0.01. The firm has a fifty day moving average price of $50.49 and a 200 day moving average price of $50.57.

JPMorgan Ultra-Short Income ETF 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.