Cerity Partners LLC Has $247.03 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Cerity Partners LLC cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,882,933 shares of the company’s stock after selling 210,011 shares during the quarter. Cerity Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $247,028,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cardiff Park Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at $25,000. Jackson Hole Capital Partners LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $28,000. Sittner & Nelson LLC bought a new position in JPMorgan Ultra-Short Income ETF in the fourth quarter valued at about $30,000. MGB Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $30,000. Finally, TD Private Client Wealth LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 89.1% in the fourth quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock valued at $38,000 after acquiring an additional 350 shares during the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.43 on Tuesday. The business’s 50-day simple moving average is $50.52 and its 200 day simple moving average is $50.61. The stock has a market cap of $37.48 billion, a price-to-earnings ratio of 109.63 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.41 and a 12-month high of $50.79.

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.