Bank of New York Mellon Corp Reduces Its Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)
On March 23, 2025, it was reported that Bank of New York Mellon Corp has made a significant adjustment to its holdings in the JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report). Specifically, the bank reduced its stake by 55.6% during the fourth quarter. Following this move, Bank of New York Mellon Corp now owns 32,108 shares of the ETF after disposing of 40,193 shares during the same timeframe. According to the latest filing with the SEC, the value of the bank’s holdings in JPMorgan Ultra-Short Income ETF was approximately $1,617,000.
Other institutional investors also revised their positions in JPST in recent months. For example, Moloney Securities Asset Management LLC increased its stake in the ETF by 1.6% in the fourth quarter, acquiring an additional 224 shares to now hold a total of 14,662 shares valued at $739,000. Similarly, Eastern Bank made a more substantial change, lifting its investment in the ETF by 95.1%, now owning 513 shares worth $26,000 after adding 250 shares to its portfolio.
SteelPeak Wealth LLC also increased its ownership of JPMorgan Ultra-Short Income ETF by 4.2%, amassing 6,394 shares valued at $323,000 after purchasing an additional 260 shares during the fourth quarter. Additionally, Edgestream Partners L.P. expanded its position slightly by 0.6%, now holding 47,521 shares valued at $2,411,000 following an increase of 262 shares. Unique Wealth LLC also increased its holdings by 1.4%, reaching 18,979 shares valued at $956,000 with an additional 262 shares bought in the fourth quarter.
JPMorgan Ultra-Short Income ETF Stock Performance
As of Friday's market opening, shares of the JPMorgan Ultra-Short Income ETF were priced at $50.59. The ETF's 50-day moving average stands at $50.51, while its 200-day moving average is $50.52. The stock has experienced a twelve-month low of $50.20 and a high of $50.75.
About JPMorgan Ultra-Short Income ETF
The JPMorgan Ultra-Short Income ETF (JPST) is an investment fund that primarily focuses on investment-grade fixed income. This actively managed fund aims to generate maximum income while preserving capital through investments in USD-denominated debt securities with an effective duration of one year or shorter. The ETF was launched on May 17, 2017, and is managed by JPMorgan Chase.
investment, ETF, hedgefund