Patten & Patten Inc. TN Acquires 5,750 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Patten & Patten Inc. TN lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 63.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,751 shares of the company’s stock after buying an additional 5,750 shares during the quarter. Patten & Patten Inc. TN’s holdings in JPMorgan Ultra-Short Income ETF were worth $748,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Proffitt & Goodson Inc. raised its holdings in JPMorgan Ultra-Short Income ETF by 16.4% during the 3rd quarter. Proffitt & Goodson Inc. now owns 5,458 shares of the company’s stock worth $277,000 after purchasing an additional 767 shares during the last quarter. Kennebec Savings Bank bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $27,000. Sanctuary Wealth Management L.L.C. raised its holdings in JPMorgan Ultra-Short Income ETF by 4.2% during the 3rd quarter. Sanctuary Wealth Management L.L.C. now owns 121,587 shares of the company’s stock worth $6,169,000 after purchasing an additional 4,935 shares during the last quarter. Tyler Stone Wealth Management raised its holdings in JPMorgan Ultra-Short Income ETF by 411.2% during the 3rd quarter. Tyler Stone Wealth Management now owns 226,499 shares of the company’s stock worth $11,493,000 after purchasing an additional 182,188 shares during the last quarter. Finally, Round Rock Advisors LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 1.9% during the 3rd quarter. Round Rock Advisors LLC now owns 129,040 shares of the company’s stock worth $6,547,000 after purchasing an additional 2,388 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.45 on Tuesday. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.09 and a 1-year high of $50.75. The business has a 50-day moving average price of $50.56 and a two-hundred day moving average price of $50.48.

JPMorgan Ultra-Short Income ETF Company Profile

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.