Cahaba Wealth Management Inc. Acquires 13,408 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Cahaba Wealth Management Inc. grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 5.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 249,704 shares of the company’s stock after purchasing an additional 13,408 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.2% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 15th biggest position. Cahaba Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,543,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Morgan Stanley raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 17.9% during the fourth quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock valued at $2,820,801,000 after purchasing an additional 8,540,248 shares during the period. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Income ETF by 129.2% in the first quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock valued at $959,758,000 after acquiring an additional 10,751,662 shares during the period. HB Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 8.4% during the fourth quarter. HB Wealth Management LLC now owns 7,633,421 shares of the company’s stock valued at $381,244,000 after acquiring an additional 593,425 shares in the last quarter. Jane Street Group LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 218.6% during the first quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock worth $270,200,000 after purchasing an additional 3,684,443 shares during the period. Finally, Royal Bank of Canada grew its position in JPMorgan Ultra-Short Income ETF by 5.2% in the 3rd quarter. Royal Bank of Canada now owns 3,877,960 shares of the company’s stock valued at $194,596,000 after purchasing an additional 190,121 shares during the period.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of NYSEARCA JPST traded up $0.03 during mid-day trading on Tuesday, reaching $50.26. 5,232,099 shares of the company’s stock traded hands, compared to its average volume of 3,689,414. JPMorgan Ultra-Short Income ETF has a 1-year low of $49.93 and a 1-year high of $50.51. The business has a 50-day simple moving average of $50.36 and a 200 day simple moving average of $50.26.

JPMorgan Ultra-Short Income ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be issued a dividend of $0.2205 per share. This is a positive change from JPMorgan Ultra-Short Income ETF’s previous dividend of $0.20. The ex-dividend date is Monday, April 1st.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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