JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lessened its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 51,681 shares of the company’s stock after selling 1,427 shares during the period. Focus Financial Network Inc. owned about 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,628,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Castlekeep Investment Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $280,711,000. GAMMA Investing LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 5,296.4% during the first quarter. GAMMA Investing LLC now owns 929,691 shares of the company’s stock worth $47,275,000 after buying an additional 912,463 shares in the last quarter. Bailard Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $43,522,000. NorthRock Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 356.6% during the fourth quarter. NorthRock Partners LLC now owns 687,064 shares of the company’s stock worth $34,841,000 after buying an additional 536,584 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $22,229,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1%

BATS JMST opened at $50.80 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98. The firm has a 50 day moving average of $50.71 and a two-hundred day moving average of $50.78.

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.