Tortoise Investment Management LLC Reduces Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Tortoise Investment Management LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMSTFree Report) by 20.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 40,000 shares of the company’s stock after selling 10,000 shares during the period. Tortoise Investment Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,040,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Root Financial Partners LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 1st quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock valued at $2,005,000 after acquiring an additional 225 shares during the period. Narus Financial Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the first quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock worth $1,783,000 after acquiring an additional 240 shares during the period. Schwallier Wealth Management LLC grew its position in shares of 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 valued at $346,000 after purchasing an additional 278 shares in the last quarter. Equitable Holdings Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock valued at $1,443,000 after purchasing an additional 285 shares in the last quarter. Finally, Strategic Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the first quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after purchasing an additional 295 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

NYSEARCA:JMST opened at $50.80 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.79 and a 52-week high of $51.13. The business’s fifty day moving average is $50.90 and its 200 day moving average is $50.93.

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.

See Also

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:JMSTFree Report).

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

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