Leverty Financial Group LLC Has $5.05 Million Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Leverty Financial Group LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 30.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 98,985 shares of the company’s stock after buying an additional 23,345 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises 1.0% of Leverty Financial Group LLC’s portfolio, making the stock its 13th biggest position. Leverty Financial Group LLC owned about 0.12% of JPMorgan Ultra-Short Municipal ETF worth $5,048,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Sage Mountain Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $30,055,000. Corient Private Wealth LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 139.9% in the fourth quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock valued at $45,506,000 after buying an additional 520,911 shares in the last quarter. Bank of America Corp DE increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 13.8% in the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after buying an additional 460,157 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% in the fourth quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock valued at $110,943,000 after buying an additional 444,793 shares in the last quarter. Finally, WCG Wealth Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 262.3% in the fourth quarter. WCG Wealth Advisors LLC now owns 493,050 shares of the company’s stock valued at $25,116,000 after buying an additional 356,972 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.87 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.80 and a 12-month high of $51.13. The firm’s 50-day simple moving average is $50.92 and its 200 day simple moving average is $50.96.

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.