Slow Capital Inc. Has $541,000 Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Slow Capital Inc. cut its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 69.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,602 shares of the company’s stock after selling 24,607 shares during the quarter. Slow Capital Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $541,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,612,505 shares of the company’s stock worth $183,949,000 after purchasing an additional 464,869 shares during the last quarter. Bank of America Corp DE grew its holdings in JPMorgan Ultra-Short Municipal ETF by 8.5% during the second quarter. Bank of America Corp DE now owns 3,326,397 shares of the company’s stock worth $169,380,000 after purchasing an additional 259,552 shares during the period. HB Wealth Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 173.7% during the third quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock worth $88,458,000 after buying an additional 1,099,860 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 10.0% in the third quarter. Resonant Capital Advisors LLC now owns 1,420,403 shares of the company’s stock valued at $72,497,000 after buying an additional 128,706 shares during the period. Finally, Salomon & Ludwin LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 13.1% in the third quarter. Salomon & Ludwin LLC now owns 1,150,038 shares of the company’s stock valued at $58,560,000 after buying an additional 133,284 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.6%

Shares of BATS JMST opened at $51.05 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The stock has a 50 day moving average of $50.97 and a 200-day moving average of $50.94.

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.