Paladin Advisory Group LLC reduced its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 27.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,522 shares of the company’s stock after selling 10,175 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises about 1.0% of Paladin Advisory Group LLC’s portfolio, making the stock its 29th largest position. Paladin Advisory Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,352,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in JMST. US Bancorp DE boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $71,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $80,000. Core Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $83,000. Finally, Park Place Capital Corp lifted its stake in JPMorgan Ultra-Short Municipal ETF by 118.3% during the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after purchasing an additional 952 shares during the last quarter.
JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%
Shares of JMST stock traded up $0.01 during trading hours on Friday, reaching $50.93. The company’s stock had a trading volume of 1,437,202 shares, compared to its average volume of 1,304,735. The firm’s 50 day simple moving average is $50.92 and its 200-day simple moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.83 and a fifty-two week high of $51.13.
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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