1ST Source Bank Acquires Shares of 20,000 JPMorgan Ultra-Short Municipal ETF $JMST

1ST Source Bank acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the first quarter, HoldingsChannel.com reports. The fund acquired 20,000 shares of the company’s stock, valued at approximately $1,020,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMST. US Bancorp DE increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $71,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $80,000. Core Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $83,000. Finally, Park Place Capital Corp boosted 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 worth $90,000 after purchasing an additional 952 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0%

JMST stock opened at $50.92 on Thursday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.83 and a one year high of $51.13. The company has a fifty day moving average price of $50.92 and a two-hundred day moving average price of $50.98.

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.