JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6,615.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 570,869 shares of the company’s stock after buying an additional 562,368 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.2% of Flow Traders U.S. LLC’s holdings, making the stock its 14th biggest holding. Flow Traders U.S. LLC owned approximately 0.08% of JPMorgan Ultra-Short Income ETF worth $28,960,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JPST. Archer Investment Corp boosted its holdings in JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares during the last quarter. Sax Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock valued at $421,000 after purchasing an additional 220 shares in the last quarter. Condor Capital Management increased its holdings in JPMorgan Ultra-Short Income ETF by 1.6% during the 3rd quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after purchasing an additional 231 shares during the last quarter. Daner Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF by 1.1% during the 3rd quarter. Daner Wealth Management LLC now owns 21,885 shares of the company’s stock worth $1,110,000 after purchasing an additional 236 shares during the last quarter. Finally, Keel Point LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Keel Point LLC now owns 17,002 shares of the company’s stock valued at $862,000 after purchasing an additional 239 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Monday. The stock has a market cap of $36.26 billion, a P/E ratio of 109.83 and a beta of 0.01. The stock has a 50 day moving average of $50.66 and a 200-day moving average of $50.67. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week 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. Investors of record on Monday, March 2nd were issued a $0.1648 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is currently 478.26%.

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.