JPMorgan Ultra-Short Income ETF $JPST Holdings Lifted by Assetmark Inc.

Assetmark Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,441,768 shares of the company’s stock after buying an additional 34,904 shares during the period. Assetmark Inc. owned 0.21% of JPMorgan Ultra-Short Income ETF worth $73,141,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $25,000. Brentview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $35,000. Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $37,000. American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth $38,000. Finally, Quaker Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares during the period. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.68 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.79. The firm’s 50-day simple moving average is $50.67 and its 200 day simple moving average is $50.67. The stock has a market cap of $36.37 billion, a P/E ratio of 110.17 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders 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 payout ratio is 482.61%.

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.