JFS Wealth Advisors LLC Purchases 27,545 Shares of JPMorgan Ultra-Short Income ETF $JPST

JFS Wealth Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 319,797 shares of the company’s stock after buying an additional 27,545 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.9% of JFS Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. JFS Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $16,223,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in JPST. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $35,000. Silicon Valley Capital Partners acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. American National Bank & Trust bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $38,000. Finally, Quaker Wealth Management LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.74 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79. The stock has a market capitalization of $36.41 billion, a price-to-earnings ratio of 110.30 and a beta of 0.01. The company’s 50 day simple moving average is $50.69 and its 200 day simple moving average is $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.172 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is presently 482.61%.

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.