Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 5.1% during the fourth quarter, HoldingsChannel reports. The firm owned 3,973,128 shares of the company’s stock after acquiring an additional 192,499 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $202,391,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently modified their holdings of the company. Rice Partnership LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $43,000. US Bancorp DE raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after buying an additional 653 shares during the period. Godfrey Financial Associates Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $71,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $80,000. Finally, Park Place Capital Corp raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after buying an additional 952 shares during the period.
JPMorgan Ultra-Short Municipal ETF Stock Performance
Shares of JMST opened at $50.94 on Friday. The stock’s fifty day moving average price is $50.92 and its two-hundred day moving average price is $50.98. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.71 and a 1 year high of $51.13.
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.
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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 (BATS:JMST – Free Report).
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