BCGM Wealth Management LLC Has $4.24 Million Stake in JPMorgan Ultra-Short Municipal ETF $JMST

BCGM Wealth Management LLC trimmed its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 83,250 shares of the company’s stock after selling 5,752 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 1.2% of BCGM Wealth Management LLC’s portfolio, making the stock its 27th biggest holding. BCGM Wealth Management LLC owned approximately 0.10% of JPMorgan Ultra-Short Municipal ETF worth $4,239,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in JMST. Creative Financial Designs Inc. ADV lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 414.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after purchasing an additional 414 shares during the last quarter. Allworth Financial LP lifted its holdings 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 during the last quarter. Park Place Capital Corp acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $41,000. Rossby Financial LCC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $43,000. Finally, Briaud Financial Planning Inc acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $45,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

Shares of BATS JMST opened at $50.99 on Monday. The business has a fifty day moving average price of $50.99 and a two-hundred day moving average price of $50.85. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.