Stark Wealth Management LLC Invests $993,000 in JPMorgan Ultra-Short Municipal ETF $JMST

Stark Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) in the fourth quarter, HoldingsChannel reports. The fund acquired 19,502 shares of the company’s stock, valued at approximately $993,000. JPMorgan Ultra-Short Municipal ETF accounts for about 3.5% of Stark Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Dakota Wealth Management increased its position in JPMorgan Ultra-Short Municipal ETF by 1.5% in the 3rd quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock worth $705,000 after purchasing an additional 200 shares during the last quarter. Cahaba Wealth Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.2% during the 4th quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock valued at $313,000 after buying an additional 245 shares during the last quarter. Total Clarity Wealth Management Inc. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.7% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after buying an additional 264 shares during the last quarter. IFG Advisory LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 3.0% in the third quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock worth $467,000 after buying an additional 267 shares during the last quarter. Finally, Schwallier Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 4.3% in the fourth quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after buying an additional 278 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.94 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.79 and a 1 year high of $51.13. The stock’s 50 day simple moving average is $50.91 and its 200-day simple moving average is $50.98.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.

Further Reading

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:JMSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

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