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

Trustmark Bank Trust Department lowered its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 742,101 shares of the company’s stock after selling 69,033 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.4% of Trustmark Bank Trust Department’s portfolio, making the stock its 9th largest holding. Trustmark Bank Trust Department’s holdings in JPMorgan Ultra-Short Income ETF were worth $37,647,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rossmore Private Capital acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $30,000. Brentview Investment Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $35,000. Silicon Valley Capital Partners bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at about $37,000. Finally, American National Bank & Trust bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

NYSEARCA:JPST opened at $50.56 on Friday. The firm has a market capitalization of $36.28 billion, a PE 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. The firm has a 50-day moving average price of $50.68 and a 200 day moving average price of $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

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