Parsons Capital Management Inc. RI Buys 8,023 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Parsons Capital Management Inc. RI raised its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 100.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,003 shares of the company’s stock after purchasing an additional 8,023 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in JPMorgan Ultra-Short Income ETF were worth $804,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of JPST. Walker Asset Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 3.0% during the fourth quarter. Walker Asset Management LLC now owns 7,015 shares of the company’s stock worth $352,000 after acquiring an additional 203 shares during the last quarter. Rollins Financial increased its position in JPMorgan Ultra-Short Income ETF by 3.8% in the 3rd quarter. Rollins Financial now owns 5,598 shares of the company’s stock valued at $281,000 after acquiring an additional 205 shares during the period. Harbor Investment Advisory LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 7.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 2,908 shares of the company’s stock valued at $146,000 after purchasing an additional 208 shares in the last quarter. Inscription Capital LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 4.0% in the 4th quarter. Inscription Capital LLC now owns 5,608 shares of the company’s stock valued at $282,000 after buying an additional 214 shares in the last quarter. Finally, Advisors Asset Management Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 4.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 6,562 shares of the company’s stock valued at $329,000 after acquiring an additional 287 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Up 0.0 %

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.26 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51. The company has a fifty day moving average price of $50.36 and a 200 day moving average price of $50.26.

JPMorgan Ultra-Short Income ETF Increases Dividend

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

JPMorgan Ultra-Short Income ETF Company 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.

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

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