Quadcap Wealth Management LLC Purchases 5,564 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Quadcap Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 42.0% in the second quarter, according to its most recent filing with the SEC. The fund owned 18,815 shares of the company’s stock after acquiring an additional 5,564 shares during the quarter. Quadcap Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $958,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $2,988,000. WealthBridge Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 35.5% in the 2nd quarter. WealthBridge Capital Management LLC now owns 29,328 shares of the company’s stock worth $1,493,000 after buying an additional 7,676 shares in the last quarter. Cozad Asset Management Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% in the 2nd quarter. Cozad Asset Management Inc. now owns 21,107 shares of the company’s stock worth $1,075,000 after buying an additional 1,975 shares during the last quarter. AlphaCore Capital LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 126.2% during the 2nd quarter. AlphaCore Capital LLC now owns 498,744 shares of the company’s stock valued at $25,396,000 after buying an additional 278,288 shares in the last quarter. Finally, Franklin Resources Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% during the 2nd quarter. Franklin Resources Inc. now owns 216,874 shares of the company’s stock valued at $11,043,000 after buying an additional 31,098 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

Shares of BATS:JMST opened at $50.97 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The company has a 50-day moving average price of $50.96 and a 200 day moving average price of $50.88.

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.