JPMorgan Ultra-Short Municipal ETF $JMST Stake Raised by Boothe Investment Group Inc.

Boothe Investment Group Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 230,824 shares of the company’s stock after buying an additional 12,753 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises 4.5% of Boothe Investment Group Inc.’s investment portfolio, making the stock its 6th largest holding. Boothe Investment Group Inc. owned approximately 0.29% of JPMorgan Ultra-Short Municipal ETF worth $11,754,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP increased its stake in JPMorgan Ultra-Short Municipal ETF by 93.4% during the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after buying an additional 298 shares during the period. Park Place Capital Corp purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $41,000. Rossby Financial LCC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at approximately $43,000. Briaud Financial Planning Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $45,000. Finally, Cooksen Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at approximately $51,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.98 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98. The company’s 50 day moving average is $50.99 and its two-hundred day moving average is $50.83.

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.