Cynosure Group LLC Has $19.18 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cynosure Group LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 380,835 shares of the company’s stock after selling 1,197 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 2.9% of Cynosure Group LLC’s investment portfolio, making the stock its 9th largest holding. Cynosure Group LLC owned 0.08% of JPMorgan Ultra-Short Income ETF worth $19,183,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. OLD Mission Capital LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $951,000. National Wealth Management Group LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 22.7% in the fourth quarter. National Wealth Management Group LLC now owns 9,691 shares of the company’s stock valued at $488,000 after purchasing an additional 1,791 shares during the period. StoneX Group Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at approximately $923,000. Tradewinds LLC. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 58.8% during the 4th quarter. Tradewinds LLC. now owns 126,630 shares of the company’s stock worth $6,289,000 after buying an additional 46,868 shares during the period. Finally, National Bank of Canada FI lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1,255.8% during the 4th quarter. National Bank of Canada FI now owns 12,365 shares of the company’s stock valued at $623,000 after buying an additional 11,453 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.45 on Wednesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The company has a fifty day moving average of $50.53 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.