International Private Wealth Advisors LLC Sells 10,194 Shares of JPMorgan Ultra-Short Income ETF $JPST

International Private Wealth Advisors LLC decreased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 55.9% in the third quarter, Holdings Channel.com reports. The firm owned 8,034 shares of the company’s stock after selling 10,194 shares during the quarter. International Private Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $408,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Millennium Management LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares during the period. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth approximately $3,603,000. NorthRock Partners LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 74.4% in the 2nd quarter. NorthRock Partners LLC now owns 5,623 shares of the company’s stock worth $285,000 after buying an additional 2,398 shares during the last quarter. Oxbow Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 15.7% during the 2nd quarter. Oxbow Advisors LLC now owns 41,317 shares of the company’s stock valued at $2,094,000 after buying an additional 5,599 shares in the last quarter. Finally, Stratos Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 45.5% during the 2nd quarter. Stratos Wealth Advisors LLC now owns 135,094 shares of the company’s stock valued at $6,847,000 after buying an additional 42,241 shares in the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.1%

JPMorgan Ultra-Short Income ETF stock opened at $50.71 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.79. The company has a market capitalization of $36.39 billion, a price-to-earnings ratio of 110.24 and a beta of 0.01. The business’s fifty day simple moving average is $50.67 and its two-hundred day simple moving average is $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.172 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio 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.