JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 132.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 234,143 shares of the company’s stock after purchasing an additional 133,215 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.45% of JPMorgan Ultra-Short Municipal ETF worth $11,927,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JMST. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after buying an additional 167,861 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in JPMorgan Ultra-Short Municipal ETF by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock valued at $88,517,000 after buying an additional 67,868 shares during the period. Resonant Capital Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 28.8% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock valued at $58,594,000 after buying an additional 257,415 shares during the period. Salomon & Ludwin LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 438.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after buying an additional 830,218 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Municipal ETF by 8.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after buying an additional 70,821 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.76 on Monday. The firm has a 50 day simple moving average of $50.78 and a 200 day simple moving average of $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.