Trademark Financial Management LLC Boosts Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Trademark Financial Management LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 106,230 shares of the company’s stock after purchasing an additional 13,712 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 2.6% of Trademark Financial Management LLC’s holdings, making the stock its 11th biggest holding. Trademark Financial Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,376,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Mezzasalma Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 70.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock worth $4,082,000 after purchasing an additional 33,446 shares in the last quarter. Webster Bank N. A. raised its holdings in JPMorgan Ultra-Short Income ETF by 27.0% in the fourth quarter. Webster Bank N. A. now owns 107,339 shares of the company’s stock valued at $5,430,000 after buying an additional 22,815 shares during the period. Buck Wealth Strategies LLC lifted its position in JPMorgan Ultra-Short Income ETF by 7.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 283,986 shares of the company’s stock valued at $14,367,000 after buying an additional 19,402 shares in the last quarter. Greenberg Financial Group acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $1,544,000. Finally, Optima Capital LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $3,485,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

JPMorgan Ultra-Short Income ETF stock opened at $50.42 on Friday. The firm has a fifty day moving average of $50.51 and a 200-day moving average of $50.59. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.39 and a 52-week high of $50.79. The firm has a market capitalization of $39.17 billion, a P/E ratio of 109.61 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.