Patten Group Inc. Buys 10,503 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Patten Group Inc. boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 17.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,330 shares of the company’s stock after purchasing an additional 10,503 shares during the period. JPMorgan Ultra-Short Income ETF comprises about 0.8% of Patten Group Inc.’s holdings, making the stock its 23rd largest holding. Patten Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Ultra-Short Income ETF by 26.2% in the third quarter. JPMorgan Chase & Co. now owns 73,544,853 shares of the company’s stock valued at $3,731,666,000 after buying an additional 15,245,816 shares during the period. Temasek Holdings Private Ltd bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $50,075,000. West Oak Capital LLC increased its position in JPMorgan Ultra-Short Income ETF by 2,619.5% in the 4th quarter. West Oak Capital LLC now owns 918,881 shares of the company’s stock valued at $46,284,000 after acquiring an additional 885,093 shares during the period. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. HB Wealth Management LLC now owns 8,316,836 shares of the company’s stock valued at $416,590,000 after acquiring an additional 838,189 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. LPL Financial LLC now owns 11,172,018 shares of the company’s stock valued at $566,868,000 after buying an additional 789,054 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA:JPST opened at $50.48 on Tuesday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The company has a 50 day simple moving average of $50.49 and a two-hundred day simple moving average of $50.53.

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.