Enclave Advisors LLC Sells 83,181 Shares of JPMorgan Ultra-Short Income ETF $JPST

Enclave Advisors LLC trimmed its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 31.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 185,146 shares of the company’s stock after selling 83,181 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 1.3% of Enclave Advisors LLC’s portfolio, making the stock its 20th biggest holding. Enclave Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $9,367,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of JPST. Rossmore Private Capital bought a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth about $25,000. MGB Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth about $30,000. Brentview Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth about $35,000. Finally, Silicon Valley Capital Partners acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

JPST opened at $50.53 on Friday. The company has a market cap of $36.26 billion, a P/E ratio of 109.85 and a beta of 0.01. The company’s 50 day moving average is $50.64 and its 200-day moving average is $50.66. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed 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) annualized dividend and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is presently 478.26%.

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.