JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,291,697 shares of the company’s stock after acquiring an additional 11,940 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for 4.2% of Resonant Capital Advisors LLC’s portfolio, making the stock its 2nd largest holding. Resonant Capital Advisors LLC owned 1.62% of JPMorgan Ultra-Short Municipal ETF worth $65,773,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in JMST. Allworth Financial LP grew its position 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 purchasing an additional 298 shares in the last quarter. Park Place Capital Corp purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $41,000. Rossby Financial LCC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $43,000. Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $45,000. Finally, Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth about $51,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

Shares of JMST stock opened at $50.98 on Friday. The business’s 50 day moving average is $50.99 and its two-hundred day moving average is $50.84. 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 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.