JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Paradigm Strategies in Wealth Management LLC

Paradigm Strategies in Wealth Management LLC cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,052 shares of the company’s stock after selling 1,173 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for approximately 1.2% of Paradigm Strategies in Wealth Management LLC’s holdings, making the stock its 14th biggest position. Paradigm Strategies in Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,785,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP raised its position in JPMorgan Ultra-Short Municipal ETF by 93.4% in the first quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after acquiring an additional 298 shares in the last quarter. Park Place Capital Corp purchased a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $41,000. Rossby Financial LCC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the first quarter worth $43,000. Briaud Financial Planning Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $45,000. Finally, Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the first quarter worth $51,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

BATS:JMST opened at $50.97 on Wednesday. The stock has a fifty day moving average price of $50.99 and a two-hundred day moving average price of $50.84. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year 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.