Commonwealth Equity Services LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST – Free Report) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 372,109 shares of the company’s stock, valued at approximately $18,814,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% during the 1st quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock valued at $213,332,000 after purchasing an additional 227,838 shares during the last quarter. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after purchasing an additional 716,311 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 14.7% in the 1st quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock worth $64,318,000 after buying an additional 161,844 shares during the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,213,760 shares of the company’s stock worth $61,368,000 after buying an additional 11,760 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% in the 3rd quarter. CWA Asset Management Group LLC now owns 675,186 shares of the company’s stock worth $34,137,000 after buying an additional 74,095 shares during the last quarter.
JPMorgan Ultra-Short Municipal ETF Stock Performance
JMST opened at $50.93 on Wednesday. The firm has a 50-day moving average of $50.76 and a 200 day moving average of $50.91. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.46 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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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 (NYSEARCA:JMST – Free Report).
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