JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Rock Creek Group LP

Rock Creek Group LP raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,257,037 shares of the company’s stock after purchasing an additional 119,732 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 6.7% of Rock Creek Group LP’s portfolio, making the stock its 6th largest position. Rock Creek Group LP owned approximately 0.19% of JPMorgan Ultra-Short Income ETF worth $63,769,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. TIAA Trust National Association acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $201,000. Diversify Wealth Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 7.4% during the 3rd quarter. Diversify Wealth Management LLC now owns 152,371 shares of the company’s stock valued at $7,705,000 after acquiring an additional 10,559 shares during the period. Integrated Advisors Network LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. Integrated Advisors Network LLC now owns 62,493 shares of the company’s stock valued at $3,170,000 after acquiring an additional 2,341 shares during the last quarter. Kensington Asset Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% in the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock worth $54,800,000 after acquiring an additional 1,007,375 shares during the period. Finally, Total Clarity Wealth Management Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.8% during the third quarter. Total Clarity Wealth Management Inc. now owns 19,895 shares of the company’s stock worth $1,009,000 after purchasing an additional 4,075 shares during the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.76 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79. The company has a market capitalization of $36.43 billion, a PE ratio of 110.35 and a beta of 0.01. The company has a fifty day moving average of $50.69 and a 200 day moving average of $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced 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) dividend on an annualized basis and a dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is presently 482.61%.

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.