Longview Financial Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 1,975 shares of the company’s stock, valued at approximately $101,000.
Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Ultra-Short Municipal ETF by 31.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after buying an additional 748,311 shares during the period. LPL Financial LLC raised its position 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 in the last quarter. Resonant Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.9% during the second quarter. Resonant Capital Advisors LLC now owns 1,291,697 shares of the company’s stock worth $65,773,000 after purchasing an additional 11,940 shares during the last quarter. Grimes & Company Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $55,491,000. Finally, Bailard Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 20.8% during the first quarter. Bailard Inc. now owns 1,036,968 shares of the company’s stock valued at $52,730,000 after purchasing an additional 178,723 shares during the last quarter.
JPMorgan Ultra-Short Municipal ETF Price Performance
Shares of BATS JMST opened at $50.90 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98. The stock’s 50 day simple moving average is $50.98 and its 200 day simple moving average is $50.86.
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.
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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report).
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