Opal Capital LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) in the 4th quarter, HoldingsChannel reports. The firm bought 19,002 shares of the company’s stock, valued at approximately $970,000.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock valued at $202,391,000 after acquiring an additional 192,499 shares during the last quarter. Bank of America Corp DE increased its position in JPMorgan Ultra-Short Municipal ETF by 13.8% during the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after purchasing an additional 460,157 shares during the last quarter. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.8% during the fourth quarter. LPL Financial LLC now owns 3,024,296 shares of the company’s stock worth $154,058,000 after purchasing an additional 54,500 shares during the period. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 25.7% during the fourth quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after purchasing an additional 444,793 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 10.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,481,928 shares of the company’s stock valued at $75,489,000 after purchasing an additional 136,125 shares during the last quarter.
JPMorgan Ultra-Short Municipal ETF Price Performance
JPMorgan Ultra-Short Municipal ETF stock opened at $50.96 on Wednesday. The firm has a 50 day simple moving average of $50.91 and a 200-day simple moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.79 and a 1-year high of $51.13.
JPMorgan Ultra-Short Municipal ETF 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.
Featured Articles
- Five stocks we like better than JPMorgan Ultra-Short Municipal ETF
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
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).
Receive News & Ratings for JPMorgan Ultra-Short Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.
