Citizens Financial Group Inc. RI Buys 37,323 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Citizens Financial Group Inc. RI increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 27.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 173,479 shares of the company’s stock after acquiring an additional 37,323 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,856,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rice Partnership LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $43,000. Financial Network Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the third quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,013 shares during the last quarter. US Bancorp DE lifted its position in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares during the last quarter. Park Place Capital Corp lifted its position in JPMorgan Ultra-Short Municipal ETF by 118.3% during the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares during the last quarter. Finally, Triumph Capital Management bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $96,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.2%

JMST stock opened at $50.87 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.65 and a 52 week high of $51.13. The company has a fifty day simple moving average of $50.98 and a two-hundred day simple moving average of $50.99.

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.