Princeton Global Asset Management LLC Acquires 32,790 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Princeton Global Asset Management LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 141.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 56,028 shares of the company’s stock after buying an additional 32,790 shares during the quarter. Princeton Global Asset Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,849,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. McNamara Financial Services Inc. boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7.6% during the first quarter. McNamara Financial Services Inc. now owns 125,750 shares of the company’s stock valued at $6,394,000 after purchasing an additional 8,877 shares in the last quarter. Sandbox Financial Partners LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% during the first quarter. Sandbox Financial Partners LLC now owns 49,189 shares of the company’s stock valued at $2,501,000 after purchasing an additional 1,304 shares in the last quarter. Insight Advisors LLC PA boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.5% during the first quarter. Insight Advisors LLC PA now owns 114,312 shares of the company’s stock valued at $5,813,000 after purchasing an additional 4,945 shares in the last quarter. Enclave Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% during the first quarter. Enclave Advisors LLC now owns 10,643 shares of the company’s stock valued at $541,000 after purchasing an additional 231 shares in the last quarter. Finally, Chesley Taft & Associates LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 13.3% during the first quarter. Chesley Taft & Associates LLC now owns 132,710 shares of the company’s stock valued at $6,748,000 after purchasing an additional 15,600 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.78 on Friday. The business’s 50-day moving average price is $50.71 and its 200-day moving average price is $50.78. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98.

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.