JPMorgan Ultra-Short Income ETF $JPST Stock Holdings Lifted by Roof Eidam Maycock Peralta LLC

Roof Eidam Maycock Peralta LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 36.7% during the 4th quarter, HoldingsChannel reports. The firm owned 559,018 shares of the company’s stock after acquiring an additional 149,976 shares during the period. JPMorgan Ultra-Short Income ETF accounts for 6.4% of Roof Eidam Maycock Peralta LLC’s portfolio, making the stock its 2nd biggest position. Roof Eidam Maycock Peralta LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $28,281,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of JPST. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 8.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock valued at $4,907,764,000 after purchasing an additional 7,786,258 shares during the last quarter. Temasek Holdings Private Ltd purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $300,296,000. Bank of America Corp DE boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares in the last quarter. Kensington Asset Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% in the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock valued at $54,800,000 after buying an additional 1,007,375 shares in the last quarter. Finally, Adventist Health System Sunbelt Healthcare Corp boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 89.2% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock valued at $95,966,000 after buying an additional 891,700 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.52 on Friday. The business’s fifty day moving average is $50.59 and its two-hundred day moving average is $50.64. The company has a market cap of $37.83 billion, a price-to-earnings ratio of 109.83 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a one year low of $50.41 and a one 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. Stockholders of record on Monday, February 2nd were given a $0.172 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is currently 473.91%.

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.