JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Rock Creek Group LP’s 5th Largest Position

Rock Creek Group LP grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 97.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,450,354 shares of the company’s stock after purchasing an additional 717,220 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 6.2% of Rock Creek Group LP’s portfolio, making the stock its 5th biggest position. Rock Creek Group LP’s holdings in JPMorgan Ultra-Short Income ETF were worth $73,205,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Bank of Montreal Can boosted its stake in JPMorgan Ultra-Short Income ETF by 82.3% in the third quarter. Bank of Montreal Can now owns 205,551 shares of the company’s stock valued at $10,430,000 after acquiring an additional 92,775 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 524,400 shares of the company’s stock valued at $26,608,000 after purchasing an additional 3,285 shares during the last quarter. Atlantic Union Bankshares Corp boosted its position in shares of JPMorgan Ultra-Short Income ETF by 14.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 61,491 shares of the company’s stock valued at $3,120,000 after purchasing an additional 7,944 shares during the period. Captrust Financial Advisors grew its stake in JPMorgan Ultra-Short Income ETF by 5.4% during the 3rd quarter. Captrust Financial Advisors now owns 725,852 shares of the company’s stock worth $36,830,000 after buying an additional 37,392 shares during the last quarter. Finally, Ironwood Investment Counsel LLC increased its position in JPMorgan Ultra-Short Income ETF by 39.9% during the third quarter. Ironwood Investment Counsel LLC now owns 88,781 shares of the company’s stock worth $4,505,000 after buying an additional 25,319 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.62 on Friday. The business has a 50 day simple moving average of $50.53 and a 200-day simple moving average of $50.52. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75.

JPMorgan Ultra-Short Income ETF 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.