Lido Advisors LLC Boosts Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Lido Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,609,839 shares of the company’s stock after buying an additional 199,286 shares during the quarter. Lido Advisors LLC owned approximately 0.22% of JPMorgan Ultra-Short Income ETF worth $81,474,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JPST. Webster Bank N. A. raised its stake in JPMorgan Ultra-Short Income ETF by 27.0% in the 4th quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after purchasing an additional 22,815 shares during the last quarter. Mezzasalma Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 70.9% in the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after purchasing an additional 33,446 shares in the last quarter. Buck Wealth Strategies LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 7.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock worth $14,367,000 after purchasing an additional 19,402 shares during the last quarter. Optima Capital LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $3,485,000. Finally, Greenberg Financial Group purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $1,544,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.49 on Thursday. The firm has a 50-day simple moving average of $50.49 and a 200-day simple moving average of $50.56. The stock has a market capitalization of $40.01 billion, a price-to-earnings ratio of 109.76 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 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.