OneAscent Wealth Management LLC Trims Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

OneAscent Wealth Management LLC lessened its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,963 shares of the company’s stock after selling 12,664 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises 0.6% of OneAscent Wealth Management LLC’s investment portfolio, making the stock its 17th biggest holding. OneAscent Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,560,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. New Wave Wealth Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $25,000. Eastern Bank increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% in the fourth quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after purchasing an additional 250 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth approximately $26,000. Maryland Capital Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the fourth quarter worth $31,000. Finally, Cyrus J. Lawrence LLC purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at $31,000.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.20 and a 1 year high of $50.75. The company’s fifty day moving average is $50.53 and its two-hundred day 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.