David R. Rahn & Associates Inc. Takes Position in JPMorgan Ultra-Short Income ETF (JPST)

David R. Rahn & Associates Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF (BATS:JPST) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 128,380 shares of the company’s stock, valued at approximately $6,438,000. JPMorgan Ultra-Short Income ETF accounts for approximately 5.9% of David R. Rahn & Associates Inc.’s holdings, making the stock its 4th largest position.

A number of other institutional investors also recently added to or reduced their stakes in JPST. Carroll Financial Associates Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 56.2% in the 2nd quarter. Carroll Financial Associates Inc. now owns 3,056 shares of the company’s stock valued at $153,000 after purchasing an additional 1,099 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 10.8% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 16,622 shares of the company’s stock valued at $832,000 after purchasing an additional 1,623 shares in the last quarter. Mutual Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 25.5% in the 2nd quarter. Mutual Advisors LLC now owns 13,800 shares of the company’s stock valued at $691,000 after purchasing an additional 2,800 shares in the last quarter. Lowe Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 15.2% in the 2nd quarter. Lowe Wealth Advisors LLC now owns 22,736 shares of the company’s stock valued at $1,139,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Ancora Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 59.7% in the 1st quarter. Ancora Advisors LLC now owns 8,128 shares of the company’s stock valued at $407,000 after purchasing an additional 3,037 shares in the last quarter.

BATS:JPST opened at $50.22 on Thursday.

The firm also recently declared a monthly dividend, which was paid on Wednesday, October 3rd. Stockholders of record on Monday, October 1st were issued a $0.1068 dividend. The ex-dividend date was Friday, September 28th. This represents a $1.28 annualized dividend and a dividend yield of 2.55%. This is a positive change from JPMorgan Ultra-Short Income ETF’s previous monthly dividend of $0.09.

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

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