JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Philip James Wealth Mangement LLC

Philip James Wealth Mangement LLC lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 36.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,987 shares of the company’s stock after buying an additional 12,339 shares during the period. Philip James Wealth Mangement LLC owned approximately 0.06% of JPMorgan Ultra-Short Municipal ETF worth $2,347,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $26,000. Creative Financial Designs Inc. ADV boosted its position in shares of 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 valued at $26,000 after purchasing an additional 414 shares in the last quarter. Park Place Capital Corp acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $41,000. Atlantic Union Bankshares Corp acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $42,000. Finally, Briaud Financial Planning Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $45,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $51.04 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The firm has a 50 day simple moving average of $50.95 and a 200 day simple moving average of $50.92.

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.