Western Wealth Management LLC Raises Stock Position in JPMorgan Ultra-Short Income ETF $JPST

Western Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 43.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 62,137 shares of the company’s stock after buying an additional 18,821 shares during the quarter. Western Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of JPST. Rossmore Private Capital purchased a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Brentview Investment Management LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $35,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth $37,000. American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $38,000. Finally, Frazier Financial Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $41,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.65 on Monday. The company has a market cap of $36.35 billion, a P/E ratio of 110.11 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.79. The firm’s fifty day moving average is $50.66 and its two-hundred day moving average is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

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

About JPMorgan Ultra-Short Income ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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