Sage Rhino Capital LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 15.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,579 shares of the company’s stock after selling 9,791 shares during the period. Sage Rhino Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,715,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Chelsea Counsel Co. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $25,000. Pandora Wealth Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $34,000. Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $36,000. TD Private Client Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $48,000. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the first quarter worth $68,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.
JPMorgan Ultra-Short Income ETF Trading Up 0.1%
NYSEARCA:JPST opened at $50.74 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.75. The firm has a fifty day simple moving average of $50.65 and a 200-day simple moving average of $50.56. The company has a market capitalization of $32.40 billion, a P/E ratio of 110.30 and a beta of 0.03.
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.
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