JPMorgan Ultra-Short Income ETF $JPST Shares Sold by Ascension Capital Advisors Inc.

Ascension Capital Advisors Inc. reduced its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 171,372 shares of the company’s stock after selling 38,936 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 3.0% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 10th largest position. Ascension Capital Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,670,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in JPST. Cardiff Park Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Jackson Hole Capital Partners LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $28,000. MGB Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $30,000. Halbert Hargrove Global Advisors LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth about $38,000. Finally, TD Private Client Wealth LLC lifted its position in JPMorgan Ultra-Short Income ETF by 89.1% during the 4th quarter. TD Private Client Wealth LLC now owns 743 shares of the company’s stock worth $38,000 after buying an additional 350 shares in the last quarter. 2.17% of the stock is owned by institutional investors.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.62 on Friday. The company’s 50-day moving average price is $50.53 and its two-hundred day moving average price is $50.62. JPMorgan Ultra-Short Income ETF has a one year low of $50.42 and a one year high of $50.79. The stock has a market capitalization of $37.62 billion, a PE ratio of 110.04 and a beta of 0.01.

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.