Trading figures
Daily Political put the 50-day moving average at $50.38 in its account of Wednesday's trading. A separate price-performance summary in the report listed that average at $50.37 and the 200-day average at $50.50.
The report listed JPST's market capitalization at $43.12 billion, with a price-to-earnings ratio of 109.63 and a beta of 0.01.
Portfolio, expenses and yields
Managed by JPMorgan Chase, JPST began trading on May 17, 2017. The actively managed ETF invests mainly in investment-grade fixed income, seeking income maximization and capital preservation through U.S. dollar-denominated debt securities with an effective duration no longer than one year.
The fund's J.P. Morgan Asset Management fact sheet reported $42.13 billion in assets as of September 30, 2026. Gross and net annual expenses were both 0.180%. At that date, its 30-day SEC yield was 4.49%, its rolling 12-month dividend yield was 4.15%, and its gross yield to maturity was 4.77%.
The September 30 portfolio contained 812 securities. Average duration was 0.64 years and average life was 0.91 years, while 62.9% of the portfolio had maturities of less than a year.
Investment-grade corporate debt accounted for 58.2% of the portfolio, followed by commercial paper at 16.3% and asset-backed securities at 8.0%. Cash and cash equivalents represented 4.2%, certificates of deposit 3.2%, and Treasuries and futures 2.7%. The fact sheet's credit-quality breakdown included 29.2% rated A, 25.0% rated BBB, 17.6% rated AAA and 2.7% in U.S. government securities.
Third-quarter institutional holdings
Daily Political reported several third-quarter additions to institutional positions. Legacy CG LLC purchased 257,164 shares, increasing its stake by 72.6% to 611,325 shares valued at $30,792,000. Gerber Kawasaki Wealth & Investment Management added 99,748 shares, a 15.5% increase, bringing its holding to 742,812 shares worth $37,415,000.
Guardian Wealth Advisors LLC bought 76,970 shares to reach 307,666 shares valued at $15,497,000, expanding its position by 33.4%. Hughes Financial Services LLC increased its holding by 75.8%, purchasing 254 shares for a total of 589 shares worth $30,000.
Next Level Wealth Planning LLC established a position valued at $110,000 during the quarter. The report put institutional ownership at 2.17%.
Benchmarks, ratings and performance
J.P. Morgan's fact sheet identifies the ICE BofA 3-Month US Treasury Bill Index as JPST's performance benchmark and the Bloomberg U.S. Aggregate Index as its regulatory benchmark.
The fact sheet also lists a Gold Morningstar Medalist Rating as of April 30, 2026, and an overall Morningstar star rating of 3 stars as of September 30, 2026.
In a report reprinted by J.P. Morgan in June 2026, Morningstar described JPST as the largest actively managed fixed-income ETF, with assets exceeding $38 billion at the time.
That report measured JPST's annualized return at 3.0% from its first full month in May 2017 through March 2026. Morningstar said the result exceeded the ultrashort bond category median of 2.8% and ranked the fund in the top third of its peers.
