Chesley Taft & Associates LLC Purchases 15,600 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Chesley Taft & Associates LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,710 shares of the company’s stock after buying an additional 15,600 shares during the period. Chesley Taft & Associates LLC owned about 0.19% of JPMorgan Ultra-Short Municipal ETF worth $6,748,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $280,711,000. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 20.9% during the fourth quarter. LPL Financial LLC now owns 2,328,339 shares of the company’s stock valued at $118,070,000 after purchasing an additional 402,646 shares during the last quarter. FMR LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 2.3% in the fourth quarter. FMR LLC now owns 1,837,552 shares of the company’s stock valued at $93,182,000 after purchasing an additional 41,774 shares in the last quarter. Salomon & Ludwin LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 0.8% in the fourth quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after purchasing an additional 7,925 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5,296.4% during the 1st quarter. GAMMA Investing LLC now owns 929,691 shares of the company’s stock worth $47,275,000 after purchasing an additional 912,463 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.76 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The stock has a 50 day moving average of $50.71 and a 200-day moving average of $50.78.

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.