Prospera Financial Services Inc Acquires 17,214 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Prospera Financial Services Inc boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 78.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 39,191 shares of the company’s stock after purchasing an additional 17,214 shares during the period. Prospera Financial Services Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,996,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rice Partnership LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $43,000. US Bancorp DE lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares in the last quarter. Park Place Capital Corp lifted its holdings 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 acquiring an additional 952 shares in the last quarter. Triumph Capital Management bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $96,000. Finally, GGM Financials LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $100,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.92 on Thursday. The company’s 50 day moving average price is $50.93 and its two-hundred day moving average price is $50.98. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.71 and a 52 week high of $51.13.

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.