J.Safra Asset Management Corp Raises Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

J.Safra Asset Management Corp increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,621 shares of the company’s stock after purchasing an additional 10,433 shares during the period. J.Safra Asset Management Corp owned approximately 0.13% of JPMorgan Ultra-Short Municipal ETF worth $5,126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% in the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock valued at $713,000 after purchasing an additional 4,561 shares during the period. Main Street Financial Solutions LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 31.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock valued at $1,060,000 after purchasing an additional 4,942 shares during the period. Peapack Gladstone Financial Corp lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 70.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock valued at $804,000 after purchasing an additional 6,547 shares during the period. Raymond James Financial Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 30.4% in the 2nd quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock valued at $36,381,000 after purchasing an additional 166,441 shares during the period. Finally, NCM Capital Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.4% in the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock valued at $2,479,000 after purchasing an additional 3,775 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.93 on Thursday. The firm has a fifty day moving average price of $50.91 and a 200 day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.77 and a 1 year 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.