Cooper Financial Group Has $3.78 Million Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Cooper Financial Group decreased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 74,537 shares of the company’s stock after selling 4,529 shares during the quarter. Cooper Financial Group’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,780,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $30,000. Financial Perspectives Inc acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $40,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $80,000. Finally, Key Financial Inc boosted its stake in JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after acquiring an additional 838 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JPMorgan Ultra-Short Municipal ETF stock traded up $0.03 during mid-day trading on Monday, hitting $50.76. 614,025 shares of the company’s stock were exchanged. The company has a fifty day moving average price of $50.78 and a 200 day moving average price of $50.81.

About JPMorgan Ultra-Short Municipal ETF

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.