Ascension Capital Advisors Inc. Has $19.94 Million Stock Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

Ascension Capital Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 126.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 395,769 shares of the company’s stock after acquiring an additional 220,658 shares during the quarter. JPMorgan Ultra-Short Income ETF makes up 8.7% of Ascension Capital Advisors Inc.’s portfolio, making the stock its 5th biggest position. Ascension Capital Advisors Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $19,935,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Moloney Securities Asset Management LLC grew its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock worth $739,000 after purchasing an additional 224 shares during the period. Eastern Bank grew its position in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock worth $26,000 after buying an additional 250 shares during the period. SteelPeak Wealth LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 4.2% in 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 last quarter. Aspen Wealth Strategies LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 1.0% in the 3rd quarter. Aspen Wealth Strategies LLC now owns 27,036 shares of the company’s stock valued at $1,372,000 after acquiring an additional 261 shares during the period. Finally, Edgestream Partners L.P. boosted its stake in JPMorgan Ultra-Short Income ETF by 0.6% during the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after acquiring an additional 262 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.58 on Wednesday. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.20 and a 52-week high of $50.75. The firm has a 50 day moving average price of $50.48 and a 200 day moving average price of $50.52.

JPMorgan Ultra-Short Income ETF 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.