Greenwood Gearhart LLC Has $88.04 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

Greenwood Gearhart LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,739,531 shares of the company’s stock after acquiring an additional 151,747 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 4.8% of Greenwood Gearhart LLC’s investment portfolio, making the stock its 5th biggest position. Greenwood Gearhart LLC owned 0.23% of JPMorgan Ultra-Short Income ETF worth $88,038,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JPST. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter worth about $25,000. Jackson Hole Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $28,000. Sittner & Nelson LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $30,000. Motiv8 Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $32,000. Finally, TD Private Client Wealth LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 89.1% in the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after purchasing an additional 350 shares during the period. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.50 on Monday. 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 50 day simple moving average of $50.49 and a 200-day simple moving average of $50.57. The stock has a market cap of $40.02 billion, a PE ratio of 109.78 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.