Can you provide any additional information about how your UltraComboEditor is setup, which properties are set, etc? It seems like, from the stack trace, the AutoCompleteMode property is set, but I can't seem to reproduce this problem. It would be much easier if you could post a small sample demonstrating the problem, since I can't seem to reproduce the issue on my machine despite attempting various combinations of AutoCompleteMode, LimitToList, and attempting to set the Text or Value via a button click so that the editor isn't in edit mode.
-Matt