ZWJ Investment Counsel Inc. Decreases Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

ZWJ Investment Counsel Inc. cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 24.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,151 shares of the company’s stock after selling 7,864 shares during the period. ZWJ Investment Counsel Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 31.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after buying an additional 748,311 shares in the last quarter. LPL Financial LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% in the 1st quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock worth $137,848,000 after buying an additional 382,544 shares in the last quarter. Resonant Capital Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.2% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,279,757 shares of the company’s stock worth $65,076,000 after buying an additional 108,157 shares in the last quarter. Bailard Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 20.8% in the 1st quarter. Bailard Inc. now owns 1,036,968 shares of the company’s stock worth $52,730,000 after buying an additional 178,723 shares in the last quarter. Finally, NorthRock Partners LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 20.0% in the 1st quarter. NorthRock Partners LLC now owns 822,298 shares of the company’s stock worth $41,814,000 after buying an additional 137,178 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.92 on Friday. The company’s 50-day moving average is $50.99 and its two-hundred day moving average is $50.82. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98.

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.