LVZ Inc. Cuts Position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

LVZ Inc. lessened its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 7.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,462 shares of the company’s stock after selling 1,840 shares during the period. LVZ Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,128,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 129.2% during the 1st quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock worth $959,758,000 after buying an additional 10,751,662 shares in the last quarter. Morgan Stanley increased its stake in JPMorgan Ultra-Short Income ETF by 17.9% during the 4th quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock worth $2,820,801,000 after buying an additional 8,540,248 shares in the last quarter. Jane Street Group LLC increased its stake in JPMorgan Ultra-Short Income ETF by 218.6% during the 1st quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock worth $270,200,000 after buying an additional 3,684,443 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 1st quarter worth approximately $34,706,000. Finally, State of Tennessee Treasury Department increased its stake in JPMorgan Ultra-Short Income ETF by 1,426.8% during the 1st quarter. State of Tennessee Treasury Department now owns 713,000 shares of the company’s stock worth $35,878,000 after buying an additional 666,300 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST traded up $0.01 during trading hours on Wednesday, hitting $50.26. 1,419,605 shares of the stock were exchanged, compared to its average volume of 3,651,764. JPMorgan Ultra-Short Income ETF has a 52-week low of $49.93 and a 52-week high of $50.51. The firm’s fifty day moving average price is $50.36 and its 200 day moving average price is $50.26.

JPMorgan Ultra-Short Income ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd will be paid a dividend of $0.2205 per share. This is a positive change from JPMorgan Ultra-Short Income ETF’s previous dividend of $0.20. The ex-dividend date is Monday, April 1st.

JPMorgan Ultra-Short Income ETF 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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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