Integrated Wealth Concepts LLC Lowers Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Integrated Wealth Concepts LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 3.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 590,310 shares of the company’s stock after selling 22,772 shares during the period. Integrated Wealth Concepts LLC owned 0.42% of JPMorgan Ultra-Short Municipal ETF worth $30,106,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Root Financial Partners LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the first quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock valued at $2,005,000 after buying an additional 225 shares during the last quarter. Narus Financial Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.7% during the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock valued at $1,783,000 after acquiring an additional 240 shares during the last quarter. Schwallier Wealth Management LLC raised its stake 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 valued at $346,000 after acquiring an additional 278 shares during the last quarter. Equitable Holdings Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 1.0% during the 3rd quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock worth $1,443,000 after acquiring an additional 285 shares during the period. Finally, Strategic Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 1.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock worth $1,493,000 after acquiring an additional 295 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.83 on Wednesday. The business’s 50 day moving average is $50.90 and its two-hundred day moving average is $50.93. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 and a twelve month high of $51.13.

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.