OneAscent Financial Services LLC Makes New Investment in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

OneAscent Financial Services LLC acquired a new stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 14,454 shares of the company’s stock, valued at approximately $731,000.

Several other large investors have also made changes to their positions in JPST. New Wave Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth $25,000. Eastern Bank raised 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 purchasing an additional 250 shares during the last quarter. Howe & Rusling Inc. purchased a new position in JPMorgan Ultra-Short Income ETF in the 4th quarter valued at about $26,000. Maryland Capital Advisors Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF in the 4th quarter worth about $31,000. Finally, Cyrus J. Lawrence LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter worth approximately $31,000.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.45 on Thursday. The stock’s 50 day simple moving average is $50.53 and its 200-day simple moving average is $50.52. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.