Saiph Capital LLC Grows Holdings in JPMorgan Ultra-Short Income ETF $JPST

Saiph Capital LLC grew its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 56.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 369,793 shares of the company’s stock after purchasing an additional 133,360 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 5.6% of Saiph Capital LLC’s investment portfolio, making the stock its 7th biggest position. Saiph Capital LLC owned 0.05% of JPMorgan Ultra-Short Income ETF worth $18,760,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Johnson Financial Group Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 14.8% during the third quarter. Johnson Financial Group Inc. now owns 136,290 shares of the company’s stock valued at $6,914,000 after buying an additional 17,531 shares during the last quarter. Acorns Advisers LLC increased its stake in JPMorgan Ultra-Short Income ETF by 1.1% in the 3rd quarter. Acorns Advisers LLC now owns 986,901 shares of the company’s stock valued at $50,065,000 after buying an additional 11,072 shares during the period. Sei Investments Co. grew its position in shares of JPMorgan Ultra-Short Income ETF by 1.7% during the 3rd quarter. Sei Investments Co. now owns 1,128,038 shares of the company’s stock worth $57,225,000 after buying an additional 18,587 shares during the period. Crux Wealth Advisors raised its stake in JPMorgan Ultra-Short Income ETF by 4.4% in the third quarter. Crux Wealth Advisors now owns 9,961 shares of the company’s stock valued at $505,000 after purchasing an additional 423 shares in the last quarter. Finally, Elevatus Welath Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.4% in the third quarter. Elevatus Welath Management now owns 247,991 shares of the company’s stock valued at $12,581,000 after acquiring an additional 10,488 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Down 0.1%

JPST opened at $50.52 on Friday. The stock’s fifty day moving average is $50.67 and its two-hundred day moving average is $50.67. The company has a market capitalization of $36.26 billion, a P/E ratio of 109.83 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.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1648 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 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.