Trademark Financial Management LLC Reduces Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Trademark Financial Management LLC reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,412 shares of the company’s stock after selling 16,631 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 5.1% of Trademark Financial Management LLC’s investment portfolio, making the stock its 4th largest position. Trademark Financial Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,418,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Guardian Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 25.1% during the fourth quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock valued at $2,077,000 after purchasing an additional 8,276 shares during the period. Essex LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 5.5% in the 4th quarter. Essex LLC now owns 230,834 shares of the company’s stock valued at $11,627,000 after buying an additional 12,054 shares in the last quarter. Bridgewater Advisors Inc. boosted its stake in JPMorgan Ultra-Short Income ETF by 11.2% in the 4th quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock valued at $96,956,000 after buying an additional 193,580 shares in the last quarter. Whittier Trust Co. boosted its stake in JPMorgan Ultra-Short Income ETF by 29.5% in the 3rd quarter. Whittier Trust Co. now owns 1,295 shares of the company’s stock valued at $66,000 after buying an additional 295 shares in the last quarter. Finally, Merit Financial Group LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $412,000.

JPMorgan Ultra-Short Income ETF Stock Up 0.1 %

Shares of JPST stock opened at $50.50 on Friday. The stock’s fifty day simple moving average is $50.48 and its 200 day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a one year low of $50.20 and a one year high of $50.75.

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.