UMB Bank n.a. trimmed its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 19.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,291 shares of the company’s stock after selling 6,621 shares during the quarter. UMB Bank n.a.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,434,000 at the end of the most recent reporting period.
Other hedge funds also recently added to or reduced their stakes in the company. Chelsea Counsel Co. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at $25,000. Pandora Wealth Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at $34,000. Cooksen Wealth LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at $36,000. Opal Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth about $68,000. Finally, Sunbelt Securities Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 58.9% during the 1st quarter. Sunbelt Securities Inc. now owns 1,433 shares of the company’s stock worth $73,000 after acquiring an additional 531 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.
JPMorgan Ultra-Short Income ETF Stock Up 0.1%
JPST stock opened at $50.73 on Monday. The company’s 50-day simple moving average is $50.63 and its 200-day simple moving average is $50.56. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.75. The firm has a market cap of $32.39 billion, a P/E ratio of 110.28 and a beta of 0.03.
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.
Featured Stories
- Five stocks we like better than JPMorgan Ultra-Short Income ETF
- Should You Invest in Penny Stocks?
- 3 Overlooked Value Stocks Set to Surge as Rates Drop
- What is a SEC Filing?
- Hims & Hers Stock Pushes to Highs on Healthcare Rate Cut Frenzy
- How to Short a Stock in 5 Easy Steps
- After the Fed’s Rate Cut, PNC Could See a Mortgage Refinance Boom
Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).
Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
