JPMorgan Ultra-Short Income ETF $JPST Stock Position Trimmed by Trademark Financial Management LLC

Trademark Financial Management LLC cut its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 28.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,338 shares of the company’s stock after selling 35,977 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 2.7% of Trademark Financial Management LLC’s holdings, making the stock its 10th biggest holding. Trademark Financial Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in JPST. Temasek Holdings Private Ltd bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $842,655,000. Bank of America Corp DE raised its position in JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in JPMorgan Ultra-Short Income ETF by 0.9% during the second quarter. Charles Schwab Investment Management Inc. now owns 11,093,296 shares of the company’s stock worth $562,208,000 after purchasing an additional 94,082 shares during the last quarter. HB Wealth Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the 2nd quarter. HB Wealth Management LLC now owns 8,888,716 shares of the company’s stock worth $450,480,000 after purchasing an additional 342,791 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 22.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 6,853,875 shares of the company’s stock worth $346,121,000 after purchasing an additional 1,265,522 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of NYSEARCA JPST opened at $50.75 on Monday. The stock has a market cap of $34.28 billion, a price-to-earnings ratio of 110.33 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.78. The stock’s 50-day moving average is $50.67 and its 200 day moving average is $50.64.

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.