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

Trademark Financial Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 14.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 106,230 shares of the company’s stock after purchasing an additional 13,712 shares during the period. JPMorgan Ultra-Short Income ETF makes up 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 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPST. Sound Income Strategies LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 51.1% during the first quarter. Sound Income Strategies LLC now owns 3,882 shares of the company’s stock valued at $196,000 after purchasing an additional 1,312 shares during the period. NavPoint Financial Inc. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.3% in the first quarter. NavPoint Financial Inc. now owns 264,941 shares of the company’s stock valued at $13,409,000 after purchasing an additional 10,972 shares during the period. Eagle Bluffs Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 3.5% during the 1st quarter. Eagle Bluffs Wealth Management LLC now owns 58,424 shares of the company’s stock valued at $2,957,000 after purchasing an additional 1,969 shares in the last quarter. Capital Asset Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 19.2% during the 1st quarter. Capital Asset Advisory Services LLC now owns 1,144,116 shares of the company’s stock valued at $57,858,000 after purchasing an additional 184,588 shares in the last quarter. Finally, Essex Financial Services Inc. increased its stake in JPMorgan Ultra-Short Income ETF by 15.8% during the 1st quarter. Essex Financial Services Inc. now owns 358,690 shares of the company’s stock worth $18,153,000 after buying an additional 48,813 shares during the period. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.42 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.39 and a 12 month 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. The company’s fifty day moving average price is $50.51 and its two-hundred day moving average price is $50.59.

JPMorgan Ultra-Short Income ETF 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.