JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lifted by Highline Wealth Partners LLC

Highline Wealth Partners LLC grew its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 42.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 657,333 shares of the company’s stock after purchasing an additional 195,486 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 9.4% of Highline Wealth Partners LLC’s portfolio, making the stock its biggest position. Highline Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $33,254,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Rossmore Private Capital purchased a new position in JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $25,000. MGB Wealth Management LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $30,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. Finally, American National Bank & Trust bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth $38,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA JPST opened at $50.61 on Wednesday. The stock has a market capitalization of $36.32 billion, a P/E ratio of 110.02 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79. The business has a fifty day moving average price of $50.64 and a 200 day moving average price of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.172 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s payout ratio is currently 478.26%.

JPMorgan Ultra-Short Income ETF 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.