JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 84.6% during the first quarter, Holdings Channel reports. The firm owned 4,205 shares of the company’s stock after selling 23,099 shares during the period. Keudell Morrison Wealth Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $214,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. US Bancorp DE boosted its holdings 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 worth $59,000 after buying an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $71,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $80,000. Core Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $83,000. Finally, Park Place Capital Corp boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after acquiring an additional 952 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.97 on Thursday. The business has a fifty day simple moving average of $50.92 and a 200-day simple moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.79 and a fifty-two week high of $51.13.

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.