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

OneAscent Wealth Management LLC reduced its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 29.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 30,963 shares of the company’s stock after selling 12,664 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 0.6% of OneAscent Wealth Management LLC’s portfolio, making the stock its 17th largest position. OneAscent Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,560,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. RiverFront Investment Group LLC grew its position in JPMorgan Ultra-Short Income ETF by 10.6% during the fourth quarter. RiverFront Investment Group LLC now owns 42,149 shares of the company’s stock worth $2,123,000 after buying an additional 4,052 shares during the period. Vertex Planning Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter worth approximately $237,000. Orion Portfolio Solutions LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 2.4% in the 4th quarter. Orion Portfolio Solutions LLC now owns 108,467 shares of the company’s stock worth $5,464,000 after acquiring an additional 2,536 shares during the period. Howe & Rusling Inc. acquired a new position in JPMorgan Ultra-Short Income ETF during the fourth quarter worth $26,000. Finally, JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Income ETF by 32.6% during the fourth quarter. JPMorgan Chase & Co. now owns 97,516,324 shares of the company’s stock worth $4,911,897,000 after purchasing an additional 23,971,471 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST stock opened at $50.62 on Friday. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.20 and a fifty-two week high of $50.75. The business has a fifty day simple moving average of $50.53 and a 200-day simple moving average of $50.52.

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.