JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Evensky & Katz LLC

Evensky & Katz LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 4.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 505,985 shares of the company’s stock after acquiring an additional 20,279 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 1.5% of Evensky & Katz LLC’s portfolio, making the stock its 17th biggest position. Evensky & Katz LLC owned 0.07% of JPMorgan Ultra-Short Income ETF worth $25,669,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Gerber Kawasaki Wealth & Investment Management grew its position in shares of JPMorgan Ultra-Short Income ETF by 10.7% during the third quarter. Gerber Kawasaki Wealth & Investment Management now owns 597,737 shares of the company’s stock worth $30,323,000 after buying an additional 57,755 shares in the last quarter. Private Advisor Group LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 6.0% in the third quarter. Private Advisor Group LLC now owns 1,155,391 shares of the company’s stock valued at $58,613,000 after acquiring an additional 65,198 shares in the last quarter. Flavin Financial Services Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 109.1% in the third quarter. Flavin Financial Services Inc. now owns 169,845 shares of the company’s stock valued at $8,616,000 after acquiring an additional 88,637 shares in the last quarter. Certified Advisory Corp boosted its stake in JPMorgan Ultra-Short Income ETF by 7.3% during the 3rd quarter. Certified Advisory Corp now owns 66,624 shares of the company’s stock valued at $3,380,000 after acquiring an additional 4,504 shares during the last quarter. Finally, Diversify Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 6.4% during the 3rd quarter. Diversify Advisory Services LLC now owns 18,747 shares of the company’s stock valued at $948,000 after acquiring an additional 1,123 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.56 on Monday. The firm has a fifty day moving average of $50.68 and a two-hundred day moving average of $50.67. The firm has a market cap of $36.28 billion, a P/E ratio of 109.91 and a beta of 0.01. 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 business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1648 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is presently 478.26%.

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.