Rise Advisors LLC Grows Holdings in JPMorgan Ultra-Short Income ETF $JPST

Rise Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 112.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 61,546 shares of the company’s stock after acquiring an additional 32,526 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 1.1% of Rise Advisors LLC’s investment portfolio, making the stock its 15th biggest position. Rise Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cardiff Park Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $25,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $28,000. Sittner & Nelson LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $30,000. MGB Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $30,000. Finally, TD Private Client Wealth LLC grew its position 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 worth $38,000 after buying an additional 350 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.44 on Wednesday. The company has a market capitalization of $37.49 billion, a PE ratio of 109.65 and a beta of 0.01. The firm’s 50-day moving average price is $50.52 and its 200-day moving average price is $50.61. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.41 and a 1-year 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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Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).