Ashton Thomas Private Wealth LLC Purchases 30,363 Shares of JPMorgan Ultra-Short Income ETF $JPST

Ashton Thomas Private Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 23.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 161,671 shares of the company’s stock after acquiring an additional 30,363 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,202,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JPST. Westside Investment Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Westside Investment Management Inc. now owns 74,055 shares of the company’s stock worth $3,755,000 after acquiring an additional 437 shares during the last quarter. Illumine Investment Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 3.8% in the third quarter. Illumine Investment Management LLC now owns 84,757 shares of the company’s stock worth $4,300,000 after purchasing an additional 3,065 shares during the last quarter. Buck Wealth Strategies LLC boosted its position in JPMorgan Ultra-Short Income ETF by 4.5% during the third quarter. Buck Wealth Strategies LLC now owns 264,584 shares of the company’s stock valued at $13,422,000 after buying an additional 11,324 shares during the period. Guerra Advisors Inc bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at about $175,000. Finally, Jones Financial Companies Lllp grew its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% during the third quarter. Jones Financial Companies Lllp now owns 1,444,997 shares of the company’s stock valued at $73,319,000 after buying an additional 300,174 shares during the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.61 on Wednesday. The firm has a market cap of $36.32 billion, a PE ratio of 110.02 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79. The stock has a 50-day moving average of $50.67 and a 200-day moving average of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.172 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend is Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 486.96%.

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.