Trustmark Bank Trust Department Has $37.65 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Trustmark Bank Trust Department lessened its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 742,101 shares of the company’s stock after selling 69,033 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 2.4% of Trustmark Bank Trust Department’s investment portfolio, making the stock its 9th biggest position. Trustmark Bank Trust Department owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $37,647,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Archer Investment Corp grew its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares during the last quarter. Sax Wealth Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after purchasing an additional 220 shares during the last quarter. Condor Capital Management boosted its stake in JPMorgan Ultra-Short Income ETF by 1.6% during the 3rd quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after purchasing an additional 231 shares during the period. Daner Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 1.1% during the 3rd quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock valued at $1,110,000 after purchasing an additional 236 shares during the period. Finally, Keel Point LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after buying an additional 239 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

Shares of NYSEARCA JPST opened at $50.56 on Friday. The business’s 50 day moving average is $50.68 and its two-hundred day moving average is $50.67. The company has a market cap of $36.28 billion, a P/E ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1648 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is presently 478.26%.

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.