9,988 JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Trademark Financial Management LLC

Trademark Financial Management LLC lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,041 shares of the company’s stock after selling 9,988 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 1.5% of Trademark Financial Management LLC’s portfolio, making the stock its 19th biggest holding. Trademark Financial Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,780,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JPST. Rose Capital Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $543,000. Integrated Wealth Concepts LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 3.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 1,168,286 shares of the company’s stock valued at $59,080,000 after buying an additional 37,846 shares in the last quarter. Worth Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 81.2% in the third quarter. Worth Asset Management LLC now owns 187,616 shares of the company’s stock valued at $9,450,000 after purchasing an additional 84,093 shares during the period. Beacon Financial Advisory LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 14.0% in the 2nd quarter. Beacon Financial Advisory LLC now owns 168,730 shares of the company’s stock worth $8,533,000 after buying an additional 20,732 shares during the period. Finally, Requisite Capital Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 29.4% during the 2nd quarter. Requisite Capital Management LLC now owns 612,480 shares of the company’s stock worth $30,973,000 after acquiring an additional 139,271 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.36 on Monday. The company has a market cap of $42.86 billion, a PE ratio of 109.48 and a beta of 0.01. The firm’s 50 day moving average price is $50.38 and its 200-day moving average price is $50.46. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.79.

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.