Revolve Wealth Partners LLC Increases Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Revolve Wealth Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 114.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 105,003 shares of the company’s stock after acquiring an additional 55,938 shares during the period. Revolve Wealth Partners LLC owned approximately 0.13% of JPMorgan Ultra-Short Municipal ETF worth $5,355,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sax Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $209,000. Valeo Financial Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.8% during the 2nd quarter. Valeo Financial Advisors LLC now owns 166,682 shares of the company’s stock worth $8,501,000 after purchasing an additional 2,970 shares during the last quarter. Private Wealth Group LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 7.7% during the 2nd quarter. Private Wealth Group LLC now owns 5,972 shares of the company’s stock worth $305,000 after buying an additional 428 shares during the last quarter. Gradient Investments LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 31.0% during the second quarter. Gradient Investments LLC now owns 356,845 shares of the company’s stock worth $18,199,000 after purchasing an additional 84,397 shares during the last quarter. Finally, Beacon Investment Advisory Services Inc. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 33.0% in the 2nd quarter. Beacon Investment Advisory Services Inc. now owns 97,332 shares of the company’s stock valued at $4,964,000 after buying an additional 24,151 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0%

Shares of JMST stock opened at $50.87 on Tuesday. The stock’s 50-day moving average is $50.92 and its two-hundred day moving average is $50.96. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.80 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.