Ascension Capital Advisors Inc. Purchases 220,658 Shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ascension Capital Advisors Inc. raised its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 126.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 395,769 shares of the company’s stock after acquiring an additional 220,658 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 8.7% of Ascension Capital Advisors Inc.’s holdings, making the stock its 5th largest holding. Ascension Capital Advisors Inc. owned 0.09% of JPMorgan Ultra-Short Income ETF worth $19,935,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. New Wave Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the fourth quarter valued at $25,000. Eastern Bank increased its holdings in JPMorgan Ultra-Short Income ETF by 95.1% in the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after buying an additional 250 shares during the period. Kennebec Savings Bank acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $27,000. Maryland Capital Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $31,000. Finally, Bogart Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF by 7,744.4% during the 4th quarter. Bogart Wealth LLC now owns 706 shares of the company’s stock valued at $36,000 after acquiring an additional 697 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.58 on Wednesday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.20 and a twelve month high of $50.75. The company’s 50-day simple moving average is $50.48 and its 200 day simple moving average is $50.52.

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.