Peapack Gladstone Financial Corp Purchases 1,252 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Peapack Gladstone Financial Corp grew its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 429,869 shares of the company’s stock after buying an additional 1,252 shares during the quarter. Peapack Gladstone Financial Corp owned 0.09% of JPMorgan Ultra-Short Income ETF worth $21,592,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Family Asset Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 8.5% in the 4th quarter. Family Asset Management LLC now owns 75,349 shares of the company’s stock worth $3,785,000 after purchasing an additional 5,913 shares in the last quarter. Roof Eidam Maycock Peralta LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 85.0% in the 4th quarter. Roof Eidam Maycock Peralta LLC now owns 252,973 shares of the company’s stock valued at $12,707,000 after purchasing an additional 116,230 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 0.7% in the 4th quarter. Tradewinds Capital Management LLC now owns 107,825 shares of the company’s stock valued at $5,416,000 after purchasing an additional 801 shares during the last quarter. Krilogy Financial LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 6.5% during the 4th quarter. Krilogy Financial LLC now owns 198,817 shares of the company’s stock valued at $9,987,000 after acquiring an additional 12,213 shares during the period. Finally, Valley Wealth Managers Inc. lifted its position in shares of JPMorgan Ultra-Short Income ETF by 32.9% during the 4th quarter. Valley Wealth Managers Inc. now owns 223,417 shares of the company’s stock valued at $11,222,000 after acquiring an additional 55,325 shares during the period.

JPMorgan Ultra-Short Income ETF Price Performance

JPST traded up $0.02 during trading on Tuesday, hitting $50.29. 3,334,206 shares of the company traded hands, compared to its average volume of 3,807,490. The stock’s fifty day moving average is $50.35 and its 200 day moving average is $50.33. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year high of $50.51.

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.