JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Position Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 864,940 shares of the company’s stock after acquiring an additional 70,821 shares during the period. JPMorgan Chase & Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $44,060,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of JMST. Boulder Wealth Advisors LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 209.5% during the third quarter. Boulder Wealth Advisors LLC now owns 127,672 shares of the company’s stock worth $6,504,000 after purchasing an additional 86,418 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% during the third quarter. Franklin Resources Inc. now owns 153,837 shares of the company’s stock worth $7,815,000 after purchasing an additional 4,050 shares during the period. Synovus Financial Corp lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 92.5% in the 3rd quarter. Synovus Financial Corp now owns 112,606 shares of the company’s stock worth $5,736,000 after buying an additional 54,117 shares during the last quarter. World Investment Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $1,073,000. Finally, Sanctuary Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 61.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 64,617 shares of the company’s stock valued at $3,285,000 after buying an additional 24,518 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.72 on Monday. The business’s fifty day moving average is $50.79 and its 200 day moving average is $50.81.

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.