Optima Capital LLC Purchases Shares of 68,644 JPMorgan Ultra-Short Income ETF $JPST

Optima Capital LLC purchased a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 68,644 shares of the company’s stock, valued at approximately $3,485,000. JPMorgan Ultra-Short Income ETF comprises about 1.5% of Optima Capital LLC’s portfolio, making the stock its 16th largest position.

Other institutional investors also recently bought and sold shares of the company. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $30,000. Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. Finally, American National Bank & Trust acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $38,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.51 on Tuesday. The stock has a fifty day moving average of $50.60 and a two-hundred day moving average of $50.65. The company has a market capitalization of $37.82 billion, a PE ratio of 109.80 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.37 and a fifty-two week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently declared 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) annualized dividend and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s payout ratio is 473.91%.

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.