Pennsylvania Capital Management Inc. ADV Has $1.66 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Pennsylvania Capital Management Inc. ADV lessened its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 31.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,650 shares of the company’s stock after selling 14,817 shares during the period. Pennsylvania Capital Management Inc. ADV’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,663,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Rice Partnership LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $43,000. Financial Network Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after purchasing an additional 1,013 shares in the last quarter. US Bancorp DE boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares in the last quarter. Park Place Capital Corp boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares in the last quarter. Finally, Triumph Capital Management acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $96,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.92 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.58 and a 52 week high of $51.13. The company’s fifty day moving average is $51.01 and its 200-day moving average is $50.98.

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.