Dudley Capital Management LLC Grows Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Dudley Capital Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 10,012 shares of the company’s stock after acquiring an additional 318 shares during the period. Dudley Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $504,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPST. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after acquiring an additional 15,245,816 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $173,884,000. Brooklyn FI LLC increased its stake in JPMorgan Ultra-Short Income ETF by 6,968.8% in the fourth quarter. Brooklyn FI LLC now owns 2,979,271 shares of the company’s stock valued at $150,461,000 after purchasing an additional 2,937,124 shares during the last quarter. LPL Financial LLC lifted its position in JPMorgan Ultra-Short Income ETF by 13.6% during the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock worth $639,436,000 after buying an additional 1,522,758 shares during the period. Finally, Temasek Holdings Private Ltd acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $50,075,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.56 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75. The business has a 50-day moving average of $50.52 and a two-hundred day moving average of $50.52.

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.