Townsquare Capital LLC Has $121.73 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Townsquare Capital LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,399,169 shares of the company’s stock after acquiring an additional 24,874 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 1.5% of Townsquare Capital LLC’s portfolio, making the stock its 9th biggest position. Townsquare Capital LLC owned about 0.53% of JPMorgan Ultra-Short Income ETF worth $121,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $25,000. Kennebec Savings Bank acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $27,000. LRI Investments LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the first quarter valued at approximately $30,000. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $30,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth $32,000.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.53 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.13 and a twelve month high of $50.75. The business’s fifty day moving average is $50.54 and its 200 day moving average is $50.49.

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.