Captrust Financial Advisors Acquires 51,717 Shares of JPMorgan Ultra-Short Income ETF $JPST

Captrust Financial Advisors boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 958,127 shares of the company’s stock after purchasing an additional 51,717 shares during the quarter. Captrust Financial Advisors owned about 0.14% of JPMorgan Ultra-Short Income ETF worth $48,606,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Rossmore Private Capital purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. MGB Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $30,000. Brentview Investment Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $35,000. Finally, Silicon Valley Capital Partners purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $37,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.56 on Thursday. The business has a fifty day moving average price of $50.66 and a 200-day moving average price of $50.67. The company has a market capitalization of $36.28 billion, a PE ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1648 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, March 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is currently 478.26%.

JPMorgan Ultra-Short Income ETF Company 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.