Atria Investments Inc Sells 288,892 Shares of JPMorgan Ultra-Short Income ETF $JPST

Atria Investments Inc trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 73.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,792 shares of the company’s stock after selling 288,892 shares during the period. Atria Investments Inc’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,367,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in JPMorgan Ultra-Short Income ETF by 0.9% in the second quarter. Charles Schwab Investment Management Inc. now owns 11,093,296 shares of the company’s stock valued at $562,208,000 after purchasing an additional 94,082 shares during the last quarter. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 4.7% in the third quarter. HB Wealth Management LLC now owns 9,302,563 shares of the company’s stock valued at $469,487,000 after purchasing an additional 413,847 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 3.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,086,795 shares of the company’s stock valued at $358,734,000 after buying an additional 232,920 shares during the period. Finally, Cerity Partners LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 5.6% in the second quarter. Cerity Partners LLC now owns 5,231,134 shares of the company’s stock valued at $265,114,000 after buying an additional 279,573 shares during the period. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPMorgan Ultra-Short Income ETF stock opened at $50.71 on Friday. The firm has a market capitalization of $36.39 billion, a P/E ratio of 110.24 and a beta of 0.01. The business has a 50-day moving average of $50.67 and a 200-day moving average of $50.67. 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 announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.172 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is presently 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.