Trustmark Bank Trust Department Has $65.78 Million Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Trustmark Bank Trust Department decreased its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,300,703 shares of the company’s stock after selling 104,495 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 3.9% of Trustmark Bank Trust Department’s investment portfolio, making the stock its 5th largest position. Trustmark Bank Trust Department owned 0.16% of JPMorgan Ultra-Short Income ETF worth $65,777,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of JPST. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.1% during the fourth quarter. JPMorgan Chase & Co. now owns 106,472,614 shares of the company’s stock valued at $5,386,450,000 after acquiring an additional 9,729,791 shares during the period. Morgan Stanley grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 4th quarter. Morgan Stanley now owns 61,468,768 shares of the company’s stock worth $3,109,705,000 after purchasing an additional 1,449,509 shares during the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.0% in the 4th quarter. LPL Financial LLC now owns 19,620,900 shares of the company’s stock worth $992,621,000 after purchasing an additional 1,459,312 shares during the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after purchasing an additional 2,162,615 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 11,445,396 shares of the company’s stock worth $579,023,000 after purchasing an additional 194,855 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of JPST stock opened at $50.54 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.39 and a 12-month high of $50.79. The company has a market capitalization of $40.41 billion, a P/E ratio of 109.87 and a beta of 0.01. The firm has a 50-day moving average price of $50.49 and a 200 day moving average price of $50.53.

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.