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

Trademark Financial Management LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.7% in the 3rd quarter, HoldingsChannel reports. 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 accounts for approximately 1.5% of Trademark Financial Management LLC’s investment 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 quarter.

A number of other large investors have also recently bought and sold shares of JPST. Adventist Health System Sunbelt Healthcare Corp increased its stake in shares of JPMorgan Ultra-Short Income ETF by 215.9% in the first quarter. Adventist Health System Sunbelt Healthcare Corp now owns 2,811,500 shares of the company’s stock worth $142,290,000 after acquiring an additional 1,921,600 shares during the period. Fluent Financial LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 454.3% in the 3rd quarter. Fluent Financial LLC now owns 1,217,803 shares of the company’s stock worth $61,341,000 after purchasing an additional 998,097 shares during the period. Kensington Asset Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 71.7% during the 1st quarter. Kensington Asset Management LLC now owns 1,994,639 shares of the company’s stock worth $100,949,000 after buying an additional 832,640 shares during the period. Intrua Financial LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 721.3% during the first quarter. Intrua Financial LLC now owns 808,670 shares of the company’s stock valued at $40,927,000 after purchasing an additional 710,213 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 50.0% in the 2nd quarter. HighTower Advisors LLC now owns 1,988,463 shares of the company’s stock valued at $100,557,000 after buying an additional 662,886 shares in the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.36 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.79. The business’s 50 day moving average price is $50.38 and its 200-day moving average price is $50.46. The firm has a market capitalization of $42.86 billion, a PE ratio of 109.48 and a beta of 0.01.

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.