Transform Wealth LLC Purchases 120,483 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Transform Wealth LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 63.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 311,868 shares of the company’s stock after purchasing an additional 120,483 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 0.9% of Transform Wealth LLC’s holdings, making the stock its 27th biggest position. Transform Wealth LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $15,854,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Blair William & Co. IL raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 147.4% during the 2nd quarter. Blair William & Co. IL now owns 9,031 shares of the company’s stock valued at $458,000 after acquiring an additional 5,381 shares during the last quarter. Brighton Jones LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $308,000. Benjamin F. Edwards & Company Inc. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 10.2% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,084 shares of the company’s stock valued at $461,000 after purchasing an additional 844 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 72.9% during the second quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock worth $19,041,000 after buying an additional 158,170 shares during the last quarter. Finally, Daymark Wealth Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 29.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 30,976 shares of the company’s stock worth $1,572,000 after buying an additional 7,031 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.81 on Tuesday. The company has a fifty day moving average price of $50.79 and a 200 day moving average price of $50.81.

JPMorgan Ultra-Short Municipal ETF Profile

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.