JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) is Cerro Pacific Wealth Advisors LLC’s 9th Largest Position

Cerro Pacific Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 136,402 shares of the company’s stock after purchasing an additional 11,418 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up approximately 2.3% of Cerro Pacific Wealth Advisors LLC’s portfolio, making the stock its 9th biggest holding. Cerro Pacific Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,921,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in JPST. Daymark Wealth Partners LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 7.8% in the second quarter. Daymark Wealth Partners LLC now owns 120,926 shares of the company’s stock valued at $6,103,000 after acquiring an additional 8,755 shares in the last quarter. Mcmorgan & Co. LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 32.6% in the 2nd quarter. Mcmorgan & Co. LLC now owns 699,947 shares of the company’s stock worth $35,326,000 after purchasing an additional 172,065 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of JPMorgan Ultra-Short Income ETF by 6.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,200 shares of the company’s stock valued at $1,575,000 after purchasing an additional 2,000 shares in the last quarter. Buck Wealth Strategies LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $4,734,000. Finally, Silver Lake Advisory LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter worth about $4,374,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.51 on Friday. The business has a 50-day moving average price of $50.48 and a 200 day moving average price of $50.52. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75.

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.