Perigon Wealth Management LLC Has $10.45 Million Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Perigon Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 160.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 205,521 shares of the company’s stock after acquiring an additional 126,497 shares during the quarter. Perigon Wealth Management LLC owned about 0.30% of JPMorgan Ultra-Short Municipal ETF worth $10,451,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JMST. Castlekeep Investment Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $280,711,000. GAMMA Investing LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 5,296.4% in the 1st quarter. GAMMA Investing LLC now owns 929,691 shares of the company’s stock valued at $47,275,000 after acquiring an additional 912,463 shares in the last quarter. Bailard Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $43,522,000. NorthRock Partners LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 356.6% in the 4th quarter. NorthRock Partners LLC now owns 687,064 shares of the company’s stock valued at $34,841,000 after acquiring an additional 536,584 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $22,229,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

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 firm has a 50-day moving average price of $50.77 and a two-hundred 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.