Trustmark Bank Trust Department Sells 104,495 Shares of JPMorgan Ultra-Short Income ETF $JPST

Trustmark Bank Trust Department lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 7.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,300,703 shares of the company’s stock after selling 104,495 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 3.9% of Trustmark Bank Trust Department’s portfolio, making the stock its 5th largest position. Trustmark Bank Trust Department’s holdings in JPMorgan Ultra-Short Income ETF were worth $65,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPST. Buck Wealth Strategies LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.3% in the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after purchasing an additional 19,402 shares in the last quarter. Greenwood Gearhart Inc. raised its position in JPMorgan Ultra-Short Income ETF by 13.8% in the 4th quarter. Greenwood Gearhart Inc. now owns 1,587,784 shares of the company’s stock worth $80,326,000 after purchasing an additional 192,915 shares during the last quarter. Prosperitas Financial LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $1,874,000. TPG Financial Advisors LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 60.0% during the 4th quarter. TPG Financial Advisors LLC now owns 48,492 shares of the company’s stock worth $2,453,000 after buying an additional 18,183 shares in the last quarter. Finally, Investment Advisory Services Group LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 4th quarter worth $9,437,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.54 on Friday. The stock has a market capitalization of $40.41 billion, a P/E ratio of 109.87 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.39 and a 52 week high of $50.79. The stock has a fifty day moving average of $50.49 and a 200-day moving average of $50.53.

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.