MBA Advisors LLC Has $4.17 Million Holdings in JPMorgan Ultra-Short Income ETF $JPST

MBA Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 82,421 shares of the company’s stock after acquiring an additional 12,182 shares during the period. JPMorgan Ultra-Short Income ETF comprises 1.7% of MBA Advisors LLC’s holdings, making the stock its 18th biggest holding. MBA Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,170,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Walkner Condon Financial Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.0% during the 4th quarter. Walkner Condon Financial Advisors LLC now owns 82,764 shares of the company’s stock valued at $4,186,000 after purchasing an additional 10,799 shares during the last quarter. Sowell Financial Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 161.6% in the 4th quarter. Sowell Financial Services LLC now owns 340,348 shares of the company’s stock valued at $17,218,000 after purchasing an additional 210,239 shares during the last quarter. Stonebridge Financial Group LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 94.5% in the 4th quarter. Stonebridge Financial Group LLC now owns 8,400 shares of the company’s stock valued at $425,000 after purchasing an additional 4,081 shares during the last quarter. NavPoint Financial Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 14.3% in the fourth quarter. NavPoint Financial Inc. now owns 253,969 shares of the company’s stock valued at $12,848,000 after buying an additional 31,741 shares in the last quarter. Finally, Nvwm LLC boosted its position in JPMorgan Ultra-Short Income ETF by 2.5% in the fourth quarter. Nvwm LLC now owns 48,617 shares of the company’s stock valued at $2,460,000 after buying an additional 1,206 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.46 on Monday. The firm’s fifty day moving average price is $50.62 and its two-hundred day moving average price is $50.66. The stock has a market cap of $37.42 billion, a PE ratio of 109.70 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.172 per share. The ex-dividend date 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 payout ratio is currently 473.91%.

About JPMorgan Ultra-Short Income ETF

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.