Quadrant Capital Group LLC Buys 149,149 Shares of JPMorgan Ultra-Short Income ETF $JPST

by · The Cerbat Gem

Quadrant Capital Group LLC grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 7.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,123,117 shares of the company’s stock after purchasing an additional 149,149 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.9% of Quadrant Capital Group LLC’s investment portfolio, making the stock its 5th biggest position. Quadrant Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $106,814,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Nicholson Meyer Capital Management Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 0.9% during the 1st quarter. Nicholson Meyer Capital Management Inc. now owns 22,287 shares of the company’s stock worth $1,128,000 after purchasing an additional 202 shares during the period. Whipplewood Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1.2% in the 1st quarter. Whipplewood Advisors LLC now owns 18,494 shares of the company’s stock valued at $936,000 after purchasing an additional 227 shares during the period. Blueline Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 9.2% during the third quarter. Blueline Advisors LLC now owns 2,746 shares of the company’s stock worth $138,000 after buying an additional 232 shares in the last quarter. Vista Cima Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 0.7% during the second quarter. Vista Cima Wealth Management LLC now owns 34,917 shares of the company’s stock worth $1,766,000 after buying an additional 239 shares in the last quarter. Finally, Secured Retirement Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 5.1% during the first quarter. Secured Retirement Advisors LLC now owns 5,003 shares of the company’s stock worth $253,000 after buying an additional 243 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.35 on Wednesday. The company has a fifty day moving average of $50.39 and a two-hundred day moving average of $50.46. The stock has a market capitalization of $42.53 billion, a price-to-earnings ratio of 109.46 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.79.

JPMorgan Ultra-Short Income ETF Profile

(Free Report)

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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