Pennsylvania Capital Management Inc. ADV Has $1.66 Million Position in JPMorgan Ultra-Short Municipal ETF $JMST

Pennsylvania Capital Management Inc. ADV lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 31.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,650 shares of the company’s stock after selling 14,817 shares during the period. Pennsylvania Capital Management Inc. ADV’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,663,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Marion Wealth Management boosted its stake in JPMorgan Ultra-Short Municipal ETF by 18.1% during the fourth quarter. Marion Wealth Management now owns 16,708 shares of the company’s stock worth $853,000 after buying an additional 2,562 shares in the last quarter. Argo Wealth Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $906,000. Great Point Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 16.6% during the fourth quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock worth $8,251,000 after buying an additional 23,030 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in JPMorgan Ultra-Short Municipal ETF by 19.6% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 5,668 shares of the company’s stock worth $289,000 after buying an additional 928 shares in the last quarter. Finally, Opal Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.3% during the fourth quarter. Opal Wealth Advisors LLC now owns 208,448 shares of the company’s stock worth $10,618,000 after buying an additional 2,735 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.92 on Friday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.58 and a fifty-two week high of $51.13. The firm’s fifty day moving average price is $51.01 and its two-hundred day moving average price is $50.98.

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.