14,695 Shares in JPMorgan Ultra-Short Income ETF $JPST Bought by Wall Street Financial Group Inc.

Wall Street Financial Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,695 shares of the company’s stock, valued at approximately $733,000.

Several other hedge funds and other institutional investors have also made changes to their positions in JPST. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Ultra-Short Income ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after buying an additional 7,786,258 shares during the period. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $300,296,000. Bank of America Corp DE raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after buying an additional 2,162,615 shares during the period. Kensington Asset Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% during the 3rd 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 last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 89.2% during the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock worth $95,966,000 after acquiring an additional 891,700 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.3%

JPST opened at $50.44 on Thursday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.79. The stock’s fifty day moving average is $50.63 and its two-hundred day moving average is $50.66. The company has a market capitalization of $37.40 billion, a P/E ratio of 109.65 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.172 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s payout ratio is 478.26%.

JPMorgan Ultra-Short Income ETF 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.