Capital Analysts LLC Has $7.31 Million Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Capital Analysts LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.4% during the 4th quarter, HoldingsChannel reports. The fund owned 143,485 shares of the company’s stock after buying an additional 12,283 shares during the period. Capital Analysts LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $7,309,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 5.1% during the fourth 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 boosted its stake in JPMorgan Ultra-Short Municipal ETF by 13.8% during the third 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. LPL Financial LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 3,024,296 shares of the company’s stock worth $154,058,000 after buying an additional 54,500 shares in the last quarter. HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 25.7% during the fourth 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. Finally, Resonant Capital Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 0.8% during the fourth 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.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

JMST opened at $50.93 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.77 and a fifty-two week high of $51.13. The firm’s fifty day moving average price is $50.91 and its two-hundred day moving average price 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.