Cerity Partners LLC Purchases 279,573 Shares of JPMorgan Ultra-Short Income ETF $JPST

Cerity Partners LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,231,134 shares of the company’s stock after buying an additional 279,573 shares during the quarter. Cerity Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $265,114,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Temasek Holdings Private Ltd acquired a new position in JPMorgan Ultra-Short Income ETF during the first quarter valued at approximately $842,655,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 1st quarter. JPMorgan Chase & Co. now owns 100,114,408 shares of the company’s stock worth $5,068,793,000 after buying an additional 2,598,084 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 22.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after buying an additional 1,265,522 shares during the last quarter. RiverFront Investment Group LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 941.7% in the second quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock valued at $63,800,000 after buying an additional 1,138,031 shares in the last quarter. Finally, Foster Dykema Cabot & Partners LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 42.2% in the second quarter. Foster Dykema Cabot & Partners LLC now owns 3,814,842 shares of the company’s stock valued at $193,336,000 after buying an additional 1,132,264 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.61 on Friday. The company has a market cap of $34.18 billion, a price-to-earnings ratio of 110.02 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.78. The stock has a 50-day moving average price of $50.67 and a two-hundred day moving average price of $50.62.

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.