JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Shares Acquired by Patriot Investment Management Group Inc.

Patriot Investment Management Group Inc. increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 21.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,522 shares of the company’s stock after buying an additional 1,667 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $480,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JPST. Eastern Bank increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Kennebec Savings Bank purchased a new stake in JPMorgan Ultra-Short Income ETF during the third quarter valued at about $27,000. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the second quarter worth about $30,000. Sound Income Strategies LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 82.2% in the fourth quarter. Sound Income Strategies LLC now owns 749 shares of the company’s stock worth $38,000 after acquiring an additional 338 shares in the last quarter. Finally, Sugar Maple Asset Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $50,000.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.51 on Friday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.20 and a 12-month high of $50.75. The stock has a fifty day moving average of $50.48 and a 200-day moving average of $50.52.

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.