Tennessee Valley Asset Management Partners trimmed its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 31.2% in the 4th quarter, Holdings Channel reports. The firm owned 4,939 shares of the company’s stock after selling 2,244 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $250,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the company. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $60,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $80,000. Key Financial Inc grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $112,000.
JPMorgan Ultra-Short Municipal ETF Price Performance
Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.85 on Monday. The company’s 50-day moving average is $50.79 and its 200 day moving average is $50.82.
JPMorgan Ultra-Short Municipal ETF Company 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.
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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report).
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