Ceera Investments LLC Has $6.07 Million Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ceera Investments LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 374.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 120,565 shares of the company’s stock after purchasing an additional 95,157 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 2.1% of Ceera Investments LLC’s holdings, making the stock its 16th biggest position. Ceera Investments LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,073,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Kendall Capital Management raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 1.3% during the 4th quarter. Kendall Capital Management now owns 159,102 shares of the company’s stock valued at $8,014,000 after purchasing an additional 1,982 shares in the last quarter. Coordinated Financial Services Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $473,000. Oak Harbor Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $699,000. Capital Management Corp VA raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.2% during the 4th quarter. Capital Management Corp VA now owns 54,246 shares of the company’s stock valued at $2,732,000 after purchasing an additional 3,626 shares in the last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter valued at $2,718,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75. The firm’s fifty day simple moving average is $50.49 and its 200-day simple moving average is $50.52.

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.