CWA Asset Management Group LLC Has $24.31 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

CWA Asset Management Group LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 478,001 shares of the company’s stock after acquiring an additional 41,931 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 1.2% of CWA Asset Management Group LLC’s portfolio, making the stock its 15th largest holding. CWA Asset Management Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $24,306,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. MFA Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 27.3% in the first quarter. MFA Wealth Advisors LLC now owns 31,366 shares of the company’s stock valued at $1,595,000 after buying an additional 6,731 shares during the period. Essex Savings Bank lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 96.1% in the first quarter. Essex Savings Bank now owns 13,745 shares of the company’s stock worth $699,000 after acquiring an additional 6,737 shares during the period. Tennessee Valley Asset Management Partners boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 98.1% in the first quarter. Tennessee Valley Asset Management Partners now owns 9,784 shares of the company’s stock valued at $498,000 after acquiring an additional 4,845 shares during the last quarter. CENTRAL TRUST Co increased its position in JPMorgan Ultra-Short Municipal ETF by 2.1% during the 1st quarter. CENTRAL TRUST Co now owns 91,206 shares of the company’s stock valued at $4,638,000 after purchasing an additional 1,914 shares during the period. Finally, Global Trust Asset Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at approximately $76,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.84 on Wednesday. The company’s 50 day moving average price is $50.73 and its 200-day moving average price is $50.77. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98.

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.