Madrid Wealth Management LLC Acquires New Position in JPMorgan Ultra-Short Municipal ETF $JMST

Madrid Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,245 shares of the company’s stock, valued at approximately $573,000.

Other institutional investors also recently bought and sold shares of the company. Sigma Planning Corp grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.8% in the 4th quarter. Sigma Planning Corp now owns 61,329 shares of the company’s stock valued at $3,124,000 after buying an additional 1,648 shares during the period. Citizens Financial Group Inc. RI raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 27.4% during the 4th quarter. Citizens Financial Group Inc. RI now owns 173,479 shares of the company’s stock valued at $8,856,000 after buying an additional 37,323 shares during the period. Keybank National Association OH lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 30.2% in the fourth quarter. Keybank National Association OH now owns 533,422 shares of the company’s stock valued at $27,173,000 after acquiring an additional 123,715 shares during the last quarter. Aries Wealth Management grew its position in JPMorgan Ultra-Short Municipal ETF by 262.2% in the fourth quarter. Aries Wealth Management now owns 19,670 shares of the company’s stock worth $1,002,000 after acquiring an additional 14,240 shares during the period. Finally, SOL Capital Management CO grew its position in JPMorgan Ultra-Short Municipal ETF by 0.3% in the fourth quarter. SOL Capital Management CO now owns 119,865 shares of the company’s stock worth $6,106,000 after acquiring an additional 355 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.98 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.65 and a 52 week high of $51.13. The stock’s fifty day moving average is $50.98 and its two-hundred day moving average is $50.99.

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.