JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 386,935 shares of the company’s stock after buying an additional 12,757 shares during the period. Stratos Wealth Partners LTD.’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,575,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Rossmore Private Capital acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth $25,000. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $25,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $30,000. Silicon Valley Capital Partners purchased a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $37,000. Finally, American National Bank & Trust purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.46 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.79. The stock has a market cap of $37.42 billion, a P/E ratio of 109.70 and a beta of 0.01. The company has a 50-day moving average of $50.62 and a two-hundred day moving average of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid 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 of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is 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.