JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Paladin Advisory Group LLC

Paladin Advisory Group LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 75.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 56,262 shares of the company’s stock after purchasing an additional 24,279 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for approximately 2.3% of Paladin Advisory Group LLC’s holdings, making the stock its 14th biggest position. Paladin Advisory Group LLC owned approximately 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,861,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Kingsview Wealth Management LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 16,914 shares of the company’s stock valued at $858,000 after purchasing an additional 707 shares in the last quarter. Gradient Capital Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% in the 4th quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock valued at $412,000 after purchasing an additional 333 shares in the last quarter. Sonata Capital Group Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.8% in the 4th quarter. Sonata Capital Group Inc. now owns 11,547 shares of the company’s stock valued at $586,000 after purchasing an additional 1,125 shares in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 24.2% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 54,132 shares of the company’s stock valued at $2,745,000 after purchasing an additional 10,548 shares in the last quarter. Finally, Diversified Portfolios Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 105.9% in the 4th quarter. Diversified Portfolios Inc. now owns 136,348 shares of the company’s stock valued at $6,914,000 after purchasing an additional 70,142 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1%

Shares of JMST opened at $50.80 on Thursday. The company has a 50-day simple moving average of $50.71 and a 200-day simple moving average of $50.78. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98.

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.