JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Kendall Capital Management

Kendall Capital Management grew its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report) by 12.4% during the fourth quarter, Holdings Channel reports. The firm owned 219,358 shares of the company’s stock after purchasing an additional 24,284 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 2.3% of Kendall Capital Management’s holdings, making the stock its 7th largest position. Kendall Capital Management’s holdings in JPMorgan Ultra-Short Income ETF were worth $11,097,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

NYSEARCA:JPST opened at $50.46 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.79. The company has a fifty day simple moving average of $50.63 and a two-hundred day simple moving average of $50.66. The company has a market cap of $37.42 billion, a price-to-earnings ratio of 109.70 and a beta of 0.01.

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 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 payout ratio is presently 478.26%.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

Featured Stories

• Five stocks we like better than JPMorgan Ultra-Short Income ETF

Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST – Free Report).