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

Cerity Partners LLC lowered its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,092,944 shares of the company’s stock after selling 138,190 shares during the quarter. Cerity Partners LLC owned approximately 0.76% of JPMorgan Ultra-Short Income ETF worth $258,365,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Chelsea Counsel Co. bought a new position in JPMorgan Ultra-Short Income ETF during the first quarter worth about $25,000. Brentview Investment Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at approximately $37,000. American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $38,000. Finally, Frazier Financial Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $41,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.62 on Wednesday. The stock’s fifty day simple moving average is $50.66 and its 200 day simple moving average is $50.65. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The stock has a market cap of $35.42 billion, a PE ratio of 110.04 and a beta of 0.01.

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.