JPMorgan Ultra-Short Municipal ETF $JMST Position Lowered by Kooman & Associates

Kooman & Associates decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,177 shares of the company’s stock after selling 3,490 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises about 0.5% of Kooman & Associates’ investment portfolio, making the stock its 17th biggest holding. Kooman & Associates’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,486,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. AdvisorNet Financial Inc lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 35.4% during the second quarter. AdvisorNet Financial Inc now owns 12,716 shares of the company’s stock worth $647,000 after purchasing an additional 3,322 shares during the last quarter. MY Wealth Management Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 688.8% during the second quarter. MY Wealth Management Inc. now owns 299,420 shares of the company’s stock worth $15,246,000 after acquiring an additional 261,462 shares during the period. Masso Torrence Wealth Management Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 6.8% during the second quarter. Masso Torrence Wealth Management Inc. now owns 17,194 shares of the company’s stock worth $876,000 after acquiring an additional 1,100 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $1,290,000. Finally, Narus Financial Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 16.9% during the second quarter. Narus Financial Partners LLC now owns 53,689 shares of the company’s stock worth $2,734,000 after acquiring an additional 7,747 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.5%

JMST opened at $51.03 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The company’s 50-day moving average price is $50.98 and its 200 day moving average price is $50.81.

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.