Saiph Capital LLC Has $18.76 Million Stake in JPMorgan Ultra-Short Income ETF $JPST

Saiph Capital LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 56.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 369,793 shares of the company’s stock after acquiring an additional 133,360 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up about 5.6% of Saiph Capital LLC’s holdings, making the stock its 7th largest holding. Saiph Capital LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $18,760,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Millennium Management LLC boosted its position in JPMorgan Ultra-Short Income ETF by 23.0% during the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after buying an additional 46,400 shares during the period. Goldman Sachs Group Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth about $3,603,000. SBI Securities Co. Ltd. grew its position in JPMorgan Ultra-Short Income ETF by 18.6% in the second quarter. SBI Securities Co. Ltd. now owns 20,295 shares of the company’s stock valued at $1,029,000 after acquiring an additional 3,189 shares during the period. Thompson Davis & CO. Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 50.9% in the second quarter. Thompson Davis & CO. Inc. now owns 42,121 shares of the company’s stock valued at $2,135,000 after buying an additional 14,208 shares during the last quarter. Finally, Schwarz Dygos Wheeler Investment Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 2.8% in the 2nd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 53,903 shares of the company’s stock valued at $2,732,000 after buying an additional 1,449 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.52 on Friday. 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 market capitalization of $36.26 billion, a PE ratio of 109.83 and a beta of 0.01. The business has a 50 day simple moving average of $50.67 and a two-hundred day simple moving average of $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1648 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. JPMorgan Ultra-Short Income ETF’s payout ratio is currently 478.26%.

About JPMorgan Ultra-Short Income ETF

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.