Certified Advisory Corp Increases Stock Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Certified Advisory Corp increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 43,064 shares of the company’s stock after buying an additional 1,819 shares during the quarter. Certified Advisory Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $2,185,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in JPMorgan Ultra-Short Income ETF by 0.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 13,600,636 shares of the company’s stock worth $690,096,000 after acquiring an additional 91,729 shares during the period. LPL Financial LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the third quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after buying an additional 789,054 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 22.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,755,150 shares of the company’s stock valued at $292,016,000 after buying an additional 1,053,392 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 0.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,615,274 shares of the company’s stock valued at $182,463,000 after buying an additional 14,611 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of JPMorgan Ultra-Short Income ETF by 31.0% in the second quarter. Cetera Investment Advisers now owns 2,345,160 shares of the company’s stock valued at $118,360,000 after buying an additional 554,564 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.13 and a 12-month high of $50.75. The firm has a 50-day moving average price of $50.55 and a 200 day moving average price of $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.