Yes, both the Hamilton and KaMeWas have this bucket on their steerable jets. There are others and they all look a little different, but they can stop the boat and also keep it hovering on one spot. With one steerable jet this can be a little dangerous if you make a full stop from high speed if the steering wheel is not 100% centered. The boat can almost turn over sideways, so you must know what you are playing with. This risk is much lesser on a twin waterjet boat, but instead the stopping power is very high and people onboard can fall over - or overboard...
Some boats (maybe all production boats?) have installed rev-limiters to avoid this kind of full speed reverse, also the bigger yachts who used to flush the quays in the past. It was sometimes pretty fun to see the harbour master helping with the lines and suddenly getting sprayed away by the jet-yachts. It is said that a parked car on the quay was once flushed into the sea...