International Assets Investment Management LLC Boosts Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

International Assets Investment Management LLC grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 12.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,035 shares of the company’s stock after purchasing an additional 999 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in JMST. Grimes & Company Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $55,491,000. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 31.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock valued at $160,057,000 after acquiring an additional 748,311 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 981.9% in the first quarter. Avidian Wealth Enterprises LLC now owns 585,649 shares of the company’s stock valued at $29,780,000 after acquiring an additional 531,517 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 158.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock valued at $39,791,000 after acquiring an additional 479,460 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 16.4% in the first quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock valued at $137,848,000 after acquiring an additional 382,544 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

JMST opened at $50.97 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $50.98. The business’s 50 day moving average price is $50.99 and its 200 day moving average price is $50.83.

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.