Chatham Capital Group Inc. trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 1.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 189,407 shares of the company’s stock after selling 2,715 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.8% of Chatham Capital Group Inc.’s portfolio, making the stock its 10th biggest position. Chatham Capital Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,556,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in JPST. Mine & Arao Wealth Creation & Management LLC. bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter worth approximately $30,000. Mendota Financial Group LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $34,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $36,000. Tucker Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 75.7% during the 4th quarter. Tucker Asset Management LLC now owns 736 shares of the company’s stock worth $37,000 after purchasing an additional 317 shares during the last quarter. Finally, Pacific Capital Wealth Advisors Inc. bought a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at about $45,000.
JPMorgan Ultra-Short Income ETF Stock Performance
JPMorgan Ultra-Short Income ETF stock traded up $0.01 during trading hours on Friday, reaching $50.47. The stock had a trading volume of 3,496,206 shares, compared to its average volume of 3,792,715. The business’s 50 day moving average price is $50.38 and its 200-day moving average price is $50.35. JPMorgan Ultra-Short Income ETF has a 52 week low of $49.93 and a 52 week high of $50.51.
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.
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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).
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