JPMorgan Ultra-Short Income ETF $JPST Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 60.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,923 shares of the company’s stock after selling 13,850 shares during the quarter. OneAscent Financial Services LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $453,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in JPST. Rossmore Private Capital purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $25,000. Brentview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF in the second quarter valued at $35,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $37,000. American National Bank & Trust acquired a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth about $38,000. Finally, Quaker Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the second quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after purchasing an additional 1,906 shares in the last quarter. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.74 on Wednesday. The company has a market capitalization of $36.22 billion, a P/E ratio of 110.30 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a fifty-two week low of $50.30 and a fifty-two week high of $50.78. The stock has a 50-day simple moving average of $50.67 and a 200-day simple moving average of $50.66.

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.