Peapack Gladstone Financial Corp Purchases 58,163 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Peapack Gladstone Financial Corp lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 11.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 561,459 shares of the company’s stock after purchasing an additional 58,163 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in JPMorgan Ultra-Short Income ETF were worth $28,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Ruggaard & Associates LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 3.3% in the fourth quarter. Ruggaard & Associates LLC now owns 294,777 shares of the company’s stock worth $14,848,000 after purchasing an additional 9,389 shares during the last quarter. Quadrant Capital Group LLC grew its stake in JPMorgan Ultra-Short Income ETF by 10.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,861,199 shares of the company’s stock worth $93,749,000 after buying an additional 171,161 shares in the last quarter. Hurley Capital LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth $268,000. Perennial Investment Advisors LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 3.9% during the 4th quarter. Perennial Investment Advisors LLC now owns 41,799 shares of the company’s stock valued at $2,105,000 after buying an additional 1,565 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 3.3% during the 4th quarter. Wells Fargo & Company MN now owns 7,130,097 shares of the company’s stock worth $359,143,000 after acquiring an additional 224,833 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Trading Down 0.1 %

Shares of NYSEARCA:JPST opened at $50.48 on Friday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The firm has a fifty day moving average of $50.53 and a 200 day moving average of $50.52.

JPMorgan Ultra-Short Income ETF 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.