Slow Capital Inc. Sells 44,501 Shares of JPMorgan Ultra-Short Income ETF $JPST

Slow Capital Inc. lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 59.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,204 shares of the company’s stock after selling 44,501 shares during the quarter. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,533,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after acquiring an additional 7,786,258 shares during the period. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $300,296,000. Bank of America Corp DE raised its stake in JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after acquiring an additional 2,162,615 shares during the period. Kensington Asset Management LLC lifted its holdings in 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 valued at $54,800,000 after purchasing an additional 1,007,375 shares during the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp lifted its holdings in 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 valued at $95,966,000 after purchasing an additional 891,700 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST stock opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one year high of $50.79. The stock has a market cap of $37.83 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01. The company has a fifty day moving average price of $50.59 and a two-hundred day moving average price of $50.64.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s payout ratio is presently 473.91%.

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.