Crumly & Associates Inc. Lowers Holdings in JPMorgan Ultra-Short Income ETF $JPST

Crumly & Associates Inc. decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 57.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,533 shares of the company’s stock after selling 95,519 shares during the period. Crumly & Associates Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,518,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Exchange Traded Concepts LLC increased its stake in JPMorgan Ultra-Short Income ETF by 0.9% during the 4th quarter. Exchange Traded Concepts LLC now owns 519,628 shares of the company’s stock valued at $26,288,000 after purchasing an additional 4,590 shares in the last quarter. Pallas Capital Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 25.4% in the fourth quarter. Pallas Capital Advisors LLC now owns 15,046 shares of the company’s stock worth $761,000 after buying an additional 3,049 shares in the last quarter. Accurate Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 54.7% in the fourth quarter. Accurate Wealth Management LLC now owns 7,286 shares of the company’s stock worth $369,000 after buying an additional 2,576 shares in the last quarter. Tradewinds Capital Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 31.8% during the fourth quarter. Tradewinds Capital Management LLC now owns 151,009 shares of the company’s stock valued at $7,640,000 after buying an additional 36,477 shares during the last quarter. Finally, Sherman Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter valued at approximately $4,658,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPST opened at $50.53 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.79. The company has a market capitalization of $36.26 billion, a P/E ratio of 109.85 and a beta of 0.01. The firm has a 50 day moving average of $50.64 and a 200 day moving average of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

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

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.