Miracle Mile Advisors LLC Buys Shares of 11,540 JPMorgan Ultra-Short Income ETF (JPST)

Miracle Mile Advisors LLC bought a new position in JPMorgan Ultra-Short Income ETF (BATS:JPST) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 11,540 shares of the company’s stock, valued at approximately $580,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. JPMorgan Chase & Co. now owns 27,174 shares of the company’s stock worth $1,363,000 after acquiring an additional 1,301 shares during the period. Morgan Stanley raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 84.2% during the third quarter. Morgan Stanley now owns 3,116,031 shares of the company’s stock worth $156,268,000 after acquiring an additional 1,424,461 shares during the period. Dakota Wealth Management raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 96.8% during the fourth quarter. Dakota Wealth Management now owns 82,304 shares of the company’s stock worth $4,120,000 after acquiring an additional 40,477 shares during the period. Empirical Finance LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $1,464,000. Finally, Shine Investment Advisory Services Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $6,473,000.

Shares of BATS:JPST opened at $50.40 on Friday.

The firm also recently declared a monthly dividend, which was paid on Friday, May 3rd. Shareholders of record on Wednesday, May 1st were paid a $0.125 dividend. This is a positive change from JPMorgan Ultra-Short Income ETF’s previous monthly dividend of $0.11. This represents a $1.50 annualized dividend and a yield of 2.98%. The ex-dividend date was Tuesday, April 30th.

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

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