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

Trademark Financial Management LLC trimmed its holdings 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 & Exchange Commission. The firm owned 91,338 shares of the company’s stock after selling 35,977 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 2.7% of Trademark Financial Management LLC’s portfolio, making the stock its 10th largest position. Trademark Financial Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,634,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JPST. Three Seasons Wealth LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 2,421.7% in the 3rd quarter. Three Seasons Wealth LLC now owns 150,545 shares of the company’s stock valued at $7,637,000 after acquiring an additional 144,575 shares during the last quarter. 5T Wealth LLC increased its stake in JPMorgan Ultra-Short Income ETF by 95.6% in the 3rd quarter. 5T Wealth LLC now owns 61,902 shares of the company’s stock worth $3,140,000 after purchasing an additional 30,256 shares during the period. Archford Capital Strategies LLC increased its stake in JPMorgan Ultra-Short Income ETF by 10.0% in the 3rd quarter. Archford Capital Strategies LLC now owns 134,617 shares of the company’s stock worth $6,829,000 after purchasing an additional 12,242 shares during the period. Regatta Capital Group LLC lifted its position in JPMorgan Ultra-Short Income ETF by 6.3% in the third quarter. Regatta Capital Group LLC now owns 63,360 shares of the company’s stock valued at $3,214,000 after purchasing an additional 3,769 shares during the last quarter. Finally, Cahaba Wealth Management Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.7% during the third quarter. Cahaba Wealth Management Inc. now owns 349,833 shares of the company’s stock valued at $17,747,000 after purchasing an additional 15,707 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.75 on Monday. The firm’s fifty day moving average is $50.67 and its 200 day moving average is $50.64. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.78. The company 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 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.