IMZ Advisory Inc Sells 12,608 Shares of JPMorgan Ultra-Short Income ETF $JPST

IMZ Advisory Inc trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 399,020 shares of the company’s stock after selling 12,608 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for about 7.4% of IMZ Advisory Inc’s portfolio, making the stock its 6th largest position. IMZ Advisory Inc owned 0.06% of JPMorgan Ultra-Short Income ETF worth $20,186,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. Rossmore Private Capital bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $25,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $30,000. Silicon Valley Capital Partners acquired a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $37,000. Finally, American National Bank & Trust bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.46 on Monday. The company 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 12 month low of $50.30 and a 12 month high of $50.79. The stock’s 50-day moving average price is $50.62 and its two-hundred day moving average price is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is 473.91%.

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.