JPMorgan Ultra-Short Income ETF $JPST Holdings Trimmed by WJ Wealth Management LLC

WJ Wealth Management LLC trimmed its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 22.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 369,265 shares of the company’s stock after selling 107,855 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 8.0% of WJ Wealth Management LLC’s investment portfolio, making the stock its largest holding. WJ Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $18,748,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. TD Capital Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 16.3% in the third quarter. TD Capital Management LLC now owns 264,013 shares of the company’s stock worth $13,393,000 after purchasing an additional 37,056 shares during the last quarter. Cherry Tree Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 13.4% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 25,509 shares of the company’s stock valued at $1,294,000 after buying an additional 3,021 shares in the last quarter. CIBC Private Wealth Group LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 27.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 2,478 shares of the company’s stock valued at $126,000 after buying an additional 540 shares in the last quarter. Maple Capital Management Inc. boosted its position in JPMorgan Ultra-Short Income ETF by 7.8% in the 3rd quarter. Maple Capital Management Inc. now owns 31,792 shares of the company’s stock valued at $1,613,000 after buying an additional 2,301 shares during the period. Finally, PCG Asset Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 19.7% in the 3rd quarter. PCG Asset Management LLC now owns 31,800 shares of the company’s stock valued at $1,613,000 after buying an additional 5,225 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.57 on Wednesday. The company has a market capitalization of $36.29 billion, a P/E ratio of 109.93 and a beta of 0.01. The company’s 50-day simple moving average is $50.66 and its two-hundred day simple moving average is $50.67. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1648 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. JPMorgan Ultra-Short Income ETF’s 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.