Retireful LLC Lowers Position in JPMorgan Ultra-Short Income ETF $JPST

Retireful LLC trimmed its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 84.9% during the fourth quarter, HoldingsChannel reports. The fund owned 9,986 shares of the company’s stock after selling 56,188 shares during the quarter. Retireful LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $507,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Income ETF by 8.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after purchasing an additional 7,786,258 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $300,296,000. Bank of America Corp DE lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the 2nd quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares during the period. Kensington Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% in the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock valued at $54,800,000 after buying an additional 1,007,375 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp grew its holdings in JPMorgan Ultra-Short Income ETF by 89.2% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock worth $95,966,000 after acquiring an additional 891,700 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Trading Down 0.3%

Shares of NYSEARCA JPST opened at $50.44 on Thursday. The stock has a market cap of $37.40 billion, a price-to-earnings ratio of 109.65 and a beta of 0.01. The company’s 50-day moving average price is $50.63 and its 200 day moving average price is $50.66. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.172 dividend. The ex-dividend date of this dividend 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 dividend payout ratio is presently 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.