Cerity Partners LLC Sells 138,190 Shares of JPMorgan Ultra-Short Income ETF $JPST

Cerity Partners LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 5,092,944 shares of the company’s stock after selling 138,190 shares during the quarter. Cerity Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $258,365,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its holdings in JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in 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 period. RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 941.7% during the second quarter. RiverFront Investment Group LLC now owns 1,258,877 shares of the company’s stock worth $63,800,000 after buying an additional 1,138,031 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its position in shares of 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 acquiring an additional 1,132,264 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 27.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,823,169 shares of the company’s stock valued at $244,438,000 after acquiring an additional 1,044,337 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.62 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The firm has a market cap of $35.42 billion, a price-to-earnings ratio of 110.04 and a beta of 0.01. The firm’s 50-day simple moving average is $50.66 and its 200 day simple moving average is $50.65.

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.