JPMorgan Ultra-Short Municipal ETF $JMST Stock Sold by Canvas Wealth Advisors LLC

Canvas Wealth Advisors LLC lessened its holdings in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 39.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 28,400 shares of the company’s stock after selling 18,675 shares during the period. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,447,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth approximately $36,000. Cherry Tree Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth approximately $45,000. Caldwell Trust Co purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $103,000. Signature Equity Partners LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $103,000. Finally, Birchwood Financial Partners Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter valued at approximately $150,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

Shares of NYSEARCA:JMST traded up $0.01 during trading on Friday, reaching $50.93. 1,758,534 shares of the company traded hands, compared to its average volume of 1,347,186. The firm has a fifty day simple moving average of $50.76 and a 200 day simple moving average of $50.91. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.46 and a 1-year high of $51.13.

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.