Temasek Holdings Private Ltd Takes Position in JPMorgan Ultra-Short Income ETF $JPST

Temasek Holdings Private Ltd purchased a new position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,643,400 shares of the company’s stock, valued at approximately $842,655,000. JPMorgan Ultra-Short Income ETF accounts for about 3.4% of Temasek Holdings Private Ltd’s investment portfolio, making the stock its 7th biggest position.

Several other institutional investors have also bought and sold shares of JPST. Rise Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 19.9% during the first quarter. Rise Advisors LLC now owns 38,041 shares of the company’s stock valued at $1,926,000 after purchasing an additional 6,324 shares during the period. Ruggaard & Associates LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the 1st quarter. Ruggaard & Associates LLC now owns 299,778 shares of the company’s stock valued at $15,178,000 after buying an additional 5,001 shares during the last quarter. Plotkin Financial Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 9.4% during the 1st quarter. Plotkin Financial Advisors LLC now owns 89,799 shares of the company’s stock worth $4,547,000 after acquiring an additional 7,735 shares during the period. National Wealth Management Group LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 45.0% during the 1st quarter. National Wealth Management Group LLC now owns 14,051 shares of the company’s stock worth $711,000 after acquiring an additional 4,360 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 31.6% in the 1st quarter. NewEdge Advisors LLC now owns 644,870 shares of the company’s stock worth $32,650,000 after acquiring an additional 154,964 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.64 on Friday. The stock has a market capitalization of $32.33 billion, a P/E ratio of 110.09 and a beta of 0.03. The stock’s 50-day simple moving average is $50.60 and its 200 day simple moving average is $50.55. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.75.

About JPMorgan Ultra-Short Income ETF

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.