Crewe Advisors LLC Sells 22,938 Shares of JPMorgan Ultra-Short Income ETF $JPST

Crewe Advisors LLC lessened its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 25.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,160 shares of the company’s stock after selling 22,938 shares during the period. Crewe Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,448,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JPST. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. MGB Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $30,000. Silicon Valley Capital Partners bought a new stake in JPMorgan Ultra-Short Income ETF during the second quarter valued at about $37,000. Finally, American National Bank & Trust acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at about $38,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.46 on Friday. The business’s 50-day simple moving average is $50.63 and its 200-day simple moving average is $50.66. The firm has a market capitalization of $37.42 billion, a PE ratio of 109.70 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.172 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is 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.