JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Position Lifted by 1900 Wealth Management LLC

1900 Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 17.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 38,132 shares of the company’s stock after purchasing an additional 5,611 shares during the period. 1900 Wealth Management LLC owned 0.07% of JPMorgan Ultra-Short Municipal ETF worth $1,934,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. River Street Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $30,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $80,000. Key Financial Inc lifted its stake in 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 during the last quarter. Finally, Continuum Advisory LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth $217,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.81 on Friday. The company’s fifty day simple moving average is $50.80 and its two-hundred day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.