JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Pennsylvania Capital Management Inc. ADV

Pennsylvania Capital Management Inc. ADV boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 48,515 shares of the company’s stock after buying an additional 929 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for 0.8% of Pennsylvania Capital Management Inc. ADV’s investment portfolio, making the stock its 25th largest position. Pennsylvania Capital Management Inc. ADV owned 0.06% of JPMorgan Ultra-Short Municipal ETF worth $2,470,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Enclave Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the first quarter. Enclave Advisors LLC now owns 10,643 shares of the company’s stock worth $541,000 after buying an additional 231 shares during the last quarter. Red Mountain Financial LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 0.9% during the first quarter. Red Mountain Financial LLC now owns 26,259 shares of the company’s stock worth $1,335,000 after buying an additional 231 shares during the last quarter. Blue Oak Capital LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 4.5% during the second quarter. Blue Oak Capital LLC now owns 5,446 shares of the company’s stock worth $277,000 after buying an additional 237 shares during the last quarter. Rooted Wealth Advisors Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.2% during the second quarter. Rooted Wealth Advisors Inc. now owns 21,213 shares of the company’s stock worth $1,080,000 after buying an additional 246 shares during the last quarter. Finally, Masso Torrence Wealth Management Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.6% during the first quarter. Masso Torrence Wealth Management Inc. now owns 16,094 shares of the company’s stock worth $818,000 after buying an additional 248 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $51.03 on Tuesday. The stock’s fifty day moving average is $50.99 and its two-hundred day moving average is $50.81. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.