JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Lido Advisors LLC

Lido Advisors LLC cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 283,816 shares of the company’s stock after selling 20,008 shares during the quarter. Lido Advisors LLC owned 0.36% of JPMorgan Ultra-Short Municipal ETF worth $14,459,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 5.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock worth $202,391,000 after buying an additional 192,499 shares in the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after buying an additional 460,157 shares in the last quarter. HB Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after buying an additional 444,793 shares in the last quarter. Resonant Capital Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 0.8% during the 4th quarter. Resonant Capital Advisors LLC now owns 1,432,023 shares of the company’s stock worth $73,068,000 after buying an additional 11,620 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 18.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,268,731 shares of the company’s stock worth $64,693,000 after buying an additional 198,260 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.93 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.73 and a 52-week high of $51.13. The company’s 50 day moving average is $50.92 and its two-hundred day moving average is $50.98.

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.