Integrated Wealth Concepts LLC lowered its position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST – Free Report) by 3.7% in the second quarter, Holdings Channel.com reports. The firm owned 590,310 shares of the company’s stock after selling 22,772 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $30,106,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.5% in the 2nd quarter. NewEdge Advisors LLC now owns 278,708 shares of the company’s stock valued at $14,214,000 after buying an additional 6,827 shares during the period. IFP Advisors Inc raised its position in JPMorgan Ultra-Short Municipal ETF by 0.6% in the second quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock worth $3,304,000 after acquiring an additional 362 shares in the last quarter. Beacon Investment Advisory Services Inc. raised its position in JPMorgan Ultra-Short Municipal ETF by 33.0% in the second quarter. Beacon Investment Advisory Services Inc. now owns 97,332 shares of the company’s stock worth $4,964,000 after acquiring an additional 24,151 shares in the last quarter. XY Planning Network Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $659,000. Finally, Waverly Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 10.5% in the second quarter. Waverly Advisors LLC now owns 26,700 shares of the company’s stock valued at $1,362,000 after acquiring an additional 2,528 shares during the period.
JPMorgan Ultra-Short Municipal ETF Stock Performance
Shares of NYSEARCA JMST opened at $50.83 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.79 and a 52 week high of $51.13. The firm has a 50-day moving average price of $50.90 and a 200 day moving average price of $50.93.
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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