Signaturefd LLC Sells 27,432 Shares of JPMorgan Ultra-Short Income ETF $JPST

Signaturefd LLC lessened its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 808,575 shares of the company’s stock after selling 27,432 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 0.6% of Signaturefd LLC’s holdings, making the stock its 24th biggest position. Signaturefd LLC owned about 0.11% of JPMorgan Ultra-Short Income ETF worth $40,906,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $25,000. MGB Wealth Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $30,000. Silicon Valley Capital Partners bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at about $37,000. Finally, American National Bank & Trust acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at about $38,000. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.46 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.79. The company has a market capitalization of $37.42 billion, a P/E ratio of 109.70 and a beta of 0.01. The company has a 50-day simple moving average of $50.62 and a 200 day simple 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 given a $0.172 dividend. 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 presently 473.91%.

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.