Cetera Investment Advisers Has $101.68 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cetera Investment Advisers lowered its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,018,683 shares of the company’s stock after selling 336,564 shares during the period. Cetera Investment Advisers’ holdings in JPMorgan Ultra-Short Income ETF were worth $101,681,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPST. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock valued at $4,911,897,000 after buying an additional 23,971,471 shares during the period. Bank of America Corp DE increased its holdings in JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Bank of America Corp DE now owns 14,427,628 shares of the company’s stock valued at $726,720,000 after buying an additional 746,626 shares during the period. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Income ETF by 13.6% in the fourth quarter. LPL Financial LLC now owns 12,694,776 shares of the company’s stock valued at $639,436,000 after buying an additional 1,522,758 shares in the last quarter. HB Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% during the 4th quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock worth $416,590,000 after buying an additional 838,189 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of JPMorgan Ultra-Short Income ETF by 3.3% in the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock valued at $359,143,000 after acquiring an additional 224,833 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Down 0.1 %

JPST opened at $50.43 on Tuesday. The company has a 50 day moving average of $50.51 and a 200 day moving average of $50.50. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.25 and a 12 month high of $50.75.

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.