Stark Wealth Management LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Stark Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 19,502 shares of the company’s stock, valued at approximately $993,000. JPMorgan Ultra-Short Municipal ETF accounts for 3.5% of Stark Wealth Management LLC’s portfolio, making the stock its 8th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Dakota Wealth Management boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.5% in the third quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock worth $705,000 after buying an additional 200 shares during the period. Cahaba Wealth Management Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 4.2% in the 4th quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock worth $313,000 after acquiring an additional 245 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 3.7% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock worth $374,000 after acquiring an additional 264 shares in the last quarter. IFG Advisory LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 3.0% during the 3rd quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock worth $467,000 after acquiring an additional 267 shares during the period. Finally, Schwallier Wealth Management LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 4.3% during the 4th quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after acquiring an additional 278 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1%

BATS:JMST opened at $50.94 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.79 and a fifty-two week high of $51.13. The stock’s 50-day moving average is $50.91 and its two-hundred day moving average is $50.98.

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.