Southeast Asset Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 119,039 shares of the company’s stock, valued at approximately $6,061,000. JPMorgan Ultra-Short Municipal ETF accounts for approximately 0.7% of Southeast Asset Advisors LLC’s portfolio, making the stock its 21st largest position.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock valued at $26,000 after buying an additional 414 shares during the period. Legacy Investment Solutions LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $26,000. Park Place Capital Corp purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $41,000. Atlantic Union Bankshares Corp bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $42,000. Finally, Briaud Financial Planning Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $45,000.
JPMorgan Ultra-Short Municipal ETF Price Performance
Shares of BATS:JMST opened at $50.97 on Tuesday. The firm has a 50 day moving average of $50.96 and a 200 day moving average of $50.88. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98.
JPMorgan Ultra-Short Municipal ETF Company 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.
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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report).
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