IMZ Advisory Inc Boosts Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

IMZ Advisory Inc grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.2% during the second quarter, Holdings Channel.com reports. The fund owned 110,003 shares of the company’s stock after purchasing an additional 8,305 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 2.2% of IMZ Advisory Inc’s portfolio, making the stock its 12th biggest holding. IMZ Advisory Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,601,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 93.4% during the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after acquiring an additional 298 shares during the last quarter. Park Place Capital Corp purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $41,000. Rossby Financial LCC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $43,000. Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $51,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $76,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.94 on Thursday. The company’s 50-day moving average is $50.99 and its 200 day moving average is $50.82. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $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.