158,692 JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Lido Advisors LLC

Lido Advisors LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 844,487 shares of the company’s stock after purchasing an additional 158,692 shares during the quarter. Lido Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $42,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Strengthening Families & Communities LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $28,000. Hughes Financial Services LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 75.8% in the 3rd quarter. Hughes Financial Services LLC now owns 589 shares of the company’s stock worth $30,000 after buying an additional 254 shares during the period. Beacon Financial Strategies CORP bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $34,000. Allied Private Wealth LLC bought a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter worth $38,000. Finally, Rice Partnership LLC increased its stake in JPMorgan Ultra-Short Income ETF by 327.5% in the 1st quarter. Rice Partnership LLC now owns 855 shares of the company’s stock worth $43,000 after buying an additional 655 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.28 on Wednesday. The stock has a fifty day simple moving average of $50.33 and a two-hundred day simple moving average of $50.49. The firm has a market capitalization of $42.50 billion, a PE ratio of 109.30 and a beta of 0.02. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79.

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.