JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lifted by Flow Traders U.S. LLC

Flow Traders U.S. LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6,615.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 570,869 shares of the company’s stock after buying an additional 562,368 shares during the period. JPMorgan Ultra-Short Income ETF makes up about 1.2% of Flow Traders U.S. LLC’s portfolio, making the stock its 14th largest holding. Flow Traders U.S. LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $28,960,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the business. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Brentview Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $35,000. Finally, Silicon Valley Capital Partners bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter valued at approximately $37,000. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.52 on Monday. The business’s 50 day simple moving average is $50.66 and its 200-day simple moving average is $50.67. The stock has a market capitalization of $36.26 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month 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. Investors 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 yield of 3.9%. The ex-dividend date was Monday, March 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is presently 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.