Archford Capital Strategies LLC Sells 1,881 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Archford Capital Strategies LLC lessened its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 21.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,039 shares of the company’s stock after selling 1,881 shares during the quarter. Archford Capital Strategies LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $358,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $409,000. Helen Stephens Group LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 11.1% in the 1st quarter. Helen Stephens Group LLC now owns 59,873 shares of the company’s stock valued at $3,045,000 after purchasing an additional 6,003 shares during the period. YHB Investment Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 19.9% in the 1st quarter. YHB Investment Advisors Inc. now owns 104,942 shares of the company’s stock valued at $5,336,000 after purchasing an additional 17,404 shares during the period. Keudell Morrison Wealth Management bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at approximately $2,049,000. Finally, Walkner Condon Financial Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 10.7% in the first quarter. Walkner Condon Financial Advisors LLC now owns 15,890 shares of the company’s stock valued at $808,000 after acquiring an additional 1,530 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2%

Shares of BATS:JMST opened at $50.89 on Thursday. The business’s fifty day moving average price is $50.77 and its two-hundred day moving average price is $50.78. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week 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.