JPMorgan Ultra-Short Municipal ETF (BATS:JMST) is Rosenberg Matthew Hamilton’s 7th Largest Position

Rosenberg Matthew Hamilton lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 176,098 shares of the company’s stock after purchasing an additional 20,408 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 2.3% of Rosenberg Matthew Hamilton’s holdings, making the stock its 7th biggest holding. Rosenberg Matthew Hamilton’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,930,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Choreo LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $225,000. Financial Perspectives Inc purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $40,000. Yarger Wealth Strategies LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 7.5% during the second quarter. Yarger Wealth Strategies LLC now owns 6,473 shares of the company’s stock worth $328,000 after purchasing an additional 452 shares in the last quarter. Perennial Investment Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.2% in the second quarter. Perennial Investment Advisors LLC now owns 26,064 shares of the company’s stock worth $1,323,000 after purchasing an additional 3,240 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 5.5% in the second quarter. Axxcess Wealth Management LLC now owns 91,942 shares of the company’s stock valued at $4,666,000 after purchasing an additional 4,752 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.74 on Tuesday. The company’s 50-day moving average is $50.79 and its 200 day moving average is $50.81.

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.