Sunburst Financial Group LLC Sells 2,514 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Sunburst Financial Group LLC lowered its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 61,618 shares of the company’s stock after selling 2,514 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises about 0.7% of Sunburst Financial Group LLC’s portfolio, making the stock its 23rd biggest position. Sunburst Financial Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,138,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Creative Financial Designs Inc. ADV grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% in the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock valued at $26,000 after buying an additional 414 shares during the last quarter. Allworth Financial LP boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 93.4% during the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock valued at $31,000 after purchasing an additional 298 shares in the last quarter. Park Place Capital Corp bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $41,000. Briaud Financial Planning Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $45,000. Finally, Cooksen Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at about $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.87 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $50.98. The stock’s 50-day moving average is $50.99 and its 200 day moving average is $50.86.

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.