JPMorgan Ultra-Short ETF (JPST) to Transfer Listing to NYSE Arca, Inc. from Cboe BZX Exchange, Inc.

Rhea-AI Summary

J.P. Morgan Asset Management announced the transfer of its JPMorgan Ultra Short Income ETF (JPST) listing from Cboe BZX Exchange to NYSE Arca, effective September 15, 2022. The ETF will maintain its ticker symbol. The transition is expected not to impact trading or shareholders, who do not need to take any actions during this phase. JPST focuses on providing current income while managing risk through a diversified portfolio of short-term, investment-grade debt.

Positive

• Transfer to NYSE Arca may enhance visibility and trading volume.
• JPST maintains focus on income generation and risk management.

Negative

• None.

NEW YORK, Sept. 2, 2022 /PRNewswire/ -- J.P. Morgan Asset Management today announced the upcoming exchange listing transfer of the JPMorgan Ultra Short Income ETF (JPST) from Cboe BZX Exchange, Inc. to NYSE Arca, Inc. effective on September 15, 2022, at market open. The fund's ticker symbol will remain the same. The trading of the fund and the fund's shareholders are not anticipated to be impacted during the transfer. Shareholders are not required to take any action in connection with this listing transfer.

JPST aims to deliver current income while managing risk. The fund invests primarily in a diversified portfolio of short-term, investment-grade fixed and floating-rate corporate and structured debt while actively managing credit and duration exposure.

About J.P. Morgan Asset Management

J.P. Morgan Asset Management, with assets under management of USD 2.5 trillion (as of June 30, 2022), is a global leader in investment management. J.P. Morgan Asset Management's investors include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $3.8 trillion in assets and $286.1 billion in stockholders' equity as of June 30, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers predominantly in the U.S. and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

J.P. Morgan ETFs are distributed by JPMorgan Distribution Services, Inc., which is an affiliate of JPMorgan Chase & Co. Affiliates of JPMorgan Chase & Co. receive fees for providing various services to the funds. JPMorgan Distribution Services, Inc. is a member of FINRA. More information is available at https://am.jpmorgan.com/us/en/asset-management/gim/adv/products/etfs 

Investors should carefully consider the investment objectives and risks as well as charges and expenses of the funds before investing. The summary and full prospectuses contain this and other information about the funds and should be read carefully before investing. Call 1-844-4JPM-ETF or visit www.jpmorganETFs.com to obtain a prospectus.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

 

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SOURCE J.P. Morgan Asset Management

FAQ

When will the JPMorgan Ultra Short Income ETF (JPST) transfer to NYSE Arca?

The JPMorgan Ultra Short Income ETF (JPST) will transfer to NYSE Arca on September 15, 2022, at market open.

Will the ticker symbol for JPST change after the transfer?

No, the ticker symbol for JPST will remain the same after the transfer.

Will shareholders be affected by the ETF transfer to NYSE Arca?

No, shareholders are not anticipated to be impacted and do not need to take any action regarding the transfer.

What is the investment strategy of the JPMorgan Ultra Short Income ETF (JPST)?

JPST aims to deliver current income while managing risk, investing primarily in a diversified portfolio of short-term, investment-grade debt.