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

Peapack Gladstone Financial Corp boosted 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 disclosure with the Securities and Exchange Commission. The fund owned 561,459 shares of the company’s stock after purchasing an additional 58,163 shares during the period. Peapack Gladstone Financial Corp owned about 0.12% of JPMorgan Ultra-Short Income ETF worth $28,281,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Moloney Securities Asset Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after purchasing an additional 224 shares during the period. Linscomb Wealth Inc. grew its stake in JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after buying an additional 241 shares in the last quarter. Eastern Bank raised its holdings in JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares during the period. SteelPeak Wealth LLC raised its holdings in JPMorgan Ultra-Short Income ETF by 4.2% during the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock valued at $323,000 after acquiring an additional 260 shares during the period. Finally, Unique Wealth LLC lifted its position in shares of JPMorgan Ultra-Short Income ETF by 1.4% during the fourth quarter. Unique Wealth LLC now owns 18,979 shares of the company’s stock worth $956,000 after acquiring an additional 262 shares in 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 fifty-two week low of $50.20 and a fifty-two week high of $50.75. The stock has a fifty day moving average of $50.53 and a 200-day moving average of $50.52.

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.