JPMorgan Ultra-Short Income ETF $JPST Position Raised by Rock Creek Group LP

Rock Creek Group LP lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 10.5% during the third quarter, Holdings Channel.com reports. The firm owned 1,257,037 shares of the company’s stock after acquiring an additional 119,732 shares during the period. JPMorgan Ultra-Short Income ETF comprises 6.7% of Rock Creek Group LP’s investment portfolio, making the stock its 6th biggest holding. Rock Creek Group LP’s holdings in JPMorgan Ultra-Short Income ETF were worth $63,769,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JPST. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at $25,000. Brentview Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $35,000. Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $37,000. American National Bank & Trust acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $38,000. Finally, Quaker Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 173.1% in the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock valued at $41,000 after purchasing an additional 1,906 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

NYSEARCA JPST opened at $50.76 on Friday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.79. The stock has a 50-day moving average of $50.69 and a 200 day moving average of $50.67. The stock has a market capitalization of $36.43 billion, a price-to-earnings ratio of 110.35 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

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

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.