Gladstone Institutional Advisory LLC Purchases 72,670 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Gladstone Institutional Advisory LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 172.5% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 114,808 shares of the company’s stock after acquiring an additional 72,670 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,777,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in JPST. Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter valued at $3,613,000. Renaissance Technologies LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the first quarter worth approximately $34,706,000. Prospera Financial Services Inc grew its holdings in JPMorgan Ultra-Short Income ETF by 7.8% during the first quarter. Prospera Financial Services Inc now owns 28,999 shares of the company’s stock valued at $1,459,000 after purchasing an additional 2,110 shares during the last quarter. Fountainhead AM LLC lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 39.9% in the first quarter. Fountainhead AM LLC now owns 300,757 shares of the company’s stock worth $15,134,000 after buying an additional 85,732 shares during the last quarter. Finally, OLD Mission Capital LLC bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 1st quarter worth $1,599,000.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.07 on Friday. JPMorgan Ultra-Short Income ETF has a one year low of $49.93 and a one year high of $50.40. The company’s fifty day moving average price is $50.09 and its 200 day moving average price is $50.17.

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.