Patriot Investment Management Group Inc. Lowers Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Patriot Investment Management Group Inc. reduced its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 15.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,119 shares of the company’s stock after selling 3,422 shares during the quarter. Patriot Investment Management Group Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $960,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. grew its position in JPMorgan Ultra-Short Income ETF by 129.2% during the first quarter. JPMorgan Chase & Co. now owns 19,073,068 shares of the company’s stock valued at $959,758,000 after acquiring an additional 10,751,662 shares during the period. Morgan Stanley boosted its position in shares of JPMorgan Ultra-Short Income ETF by 17.9% in the fourth quarter. Morgan Stanley now owns 56,269,718 shares of the company’s stock worth $2,820,801,000 after buying an additional 8,540,248 shares during the period. Jane Street Group LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 218.6% in the first quarter. Jane Street Group LLC now owns 5,369,637 shares of the company’s stock worth $270,200,000 after buying an additional 3,684,443 shares during the period. Cerity Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 45.7% in the second quarter. Cerity Partners LLC now owns 5,164,875 shares of the company’s stock worth $258,967,000 after acquiring an additional 1,620,208 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the first quarter worth about $34,706,000.

JPMorgan Ultra-Short Income ETF Trading Up 0.0 %

NYSEARCA JPST traded up $0.02 on Tuesday, hitting $50.44. 3,256,471 shares of the stock traded hands, compared to its average volume of 3,669,760. The stock has a 50-day moving average of $50.36 and a 200 day moving average of $50.25. JPMorgan Ultra-Short Income ETF has a twelve month low of $49.93 and a twelve month high of $50.51.

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.