ORG Wealth Partners LLC Has $5.65 Million Position in JPMorgan Ultra-Short Income ETF $JPST

ORG Wealth Partners LLC raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 111,551 shares of the company’s stock after buying an additional 27,488 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises approximately 1.4% of ORG Wealth Partners LLC’s portfolio, making the stock its 8th biggest position. ORG Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,645,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of JPST. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Rossmore Private Capital purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. MGB Wealth Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $30,000. Brentview Investment Management LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $35,000. Finally, Silicon Valley Capital Partners purchased a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $37,000. 2.17% of the stock is currently owned by institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.53 on Monday. The stock has a fifty day simple moving average of $50.64 and a two-hundred day simple moving average of $50.66. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.79. The stock has a market capitalization of $36.26 billion, a price-to-earnings ratio of 109.85 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently declared 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 of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s payout ratio is currently 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.