119,091 Shares in CP High Yield Trend ETF $HYTR Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. bought a new stake in CP High Yield Trend ETF (NYSEARCA:HYTR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 119,091 shares of the company’s stock, valued at approximately $2,607,000. JPMorgan Chase & Co. owned about 1.27% of CP High Yield Trend ETF at the end of the most recent quarter.

CP High Yield Trend ETF Price Performance

Shares of NYSEARCA HYTR opened at $21.32 on Monday. The company has a 50-day simple moving average of $21.63 and a 200-day simple moving average of $21.74. The company has a market cap of $250.51 million, a PE ratio of 10.56 and a beta of 0.25. CP High Yield Trend ETF has a 12 month low of $20.82 and a 12 month high of $22.04.

CP High Yield Trend ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Friday, February 13th were issued a $0.0915 dividend. The ex-dividend date was Friday, February 13th. This represents a c) annualized dividend and a yield of 5.2%.

CP High Yield Trend ETF Profile

The CP High Yield Trend ETF (HYTR) is an exchange-traded fund that is based on the CP High Yield Trend index. The fund aims to reduce risk by tracking a rules-based quantitative index of US bonds that will toggling between high yield and treasuries based on momentum. HYTR was launched on Jan 21, 2020 and is managed by Counterpoint.