Lodestar Private Asset Management LLC Grows Stock Position in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP)

Lodestar Private Asset Management LLC lifted its stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 3.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 18,898 shares of the company’s stock after acquiring an additional 670 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in JPMorgan Short Duration Core Plus ETF were worth $881,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB acquired a new position in JPMorgan Short Duration Core Plus ETF in the third quarter valued at approximately $155,000. Captrust Financial Advisors purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the 3rd quarter valued at approximately $224,000. Leo Wealth LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF in the 3rd quarter valued at $229,000. USAdvisors Wealth Management LLC boosted its holdings in JPMorgan Short Duration Core Plus ETF by 37.4% during the fourth quarter. USAdvisors Wealth Management LLC now owns 8,270 shares of the company’s stock worth $385,000 after buying an additional 2,250 shares in the last quarter. Finally, Vawter Financial Ltd. grew its position in JPMorgan Short Duration Core Plus ETF by 24.1% during the third quarter. Vawter Financial Ltd. now owns 8,350 shares of the company’s stock valued at $397,000 after buying an additional 1,620 shares during the period.

JPMorgan Short Duration Core Plus ETF Stock Performance

JSCP opened at $46.82 on Friday. The company has a fifty day moving average of $46.74 and a two-hundred day moving average of $46.96. JPMorgan Short Duration Core Plus ETF has a fifty-two week low of $45.76 and a fifty-two week high of $47.64. The stock has a market capitalization of $426.53 million, a price-to-earnings ratio of 7.97 and a beta of 0.06.

JPMorgan Short Duration Core Plus ETF Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.