PDS Planning Inc Acquires 6,920 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

PDS Planning Inc raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,976 shares of the company’s stock after buying an additional 6,920 shares during the period. PDS Planning Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,643,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BNP Paribas Financial Markets acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $2,613,000. Comerica Bank boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 9.1% in the fourth quarter. Comerica Bank now owns 6,000 shares of the company’s stock worth $304,000 after acquiring an additional 500 shares in the last quarter. Fairview Capital Investment Management LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.1% during the fourth quarter. Fairview Capital Investment Management LLC now owns 72,625 shares of the company’s stock valued at $3,683,000 after buying an additional 2,200 shares during the last quarter. Rockport Wealth LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $351,000. Finally, Raymond James Financial Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $22,229,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2%

BATS JMST opened at $50.89 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The company has a fifty day moving average price of $50.77 and a 200-day moving average price of $50.78.

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.