JPMorgan Ultra-Short Municipal ETF $JMST Stake Lowered by Bfsg LLC

Bfsg LLC reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 43,280 shares of the company’s stock after selling 470 shares during the period. Bfsg LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,204,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. GAMMA Investing LLC lifted its stake in shares of 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 purchasing an additional 912,463 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 31.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock valued at $160,057,000 after purchasing an additional 748,311 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 981.9% in the 1st quarter. Avidian Wealth Enterprises LLC now owns 585,649 shares of the company’s stock valued at $29,780,000 after purchasing an additional 531,517 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 158.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock valued at $39,791,000 after purchasing an additional 479,460 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% in the 1st quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock valued at $137,848,000 after purchasing an additional 382,544 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

JMST stock opened at $51.03 on Tuesday. 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 simple moving average of $50.98 and a 200 day simple moving average of $50.81.

JPMorgan Ultra-Short Municipal ETF Company 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.