U S Global Investors Inc. Has $764,000 Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

U S Global Investors Inc. lowered its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 23.9% in the second quarter, HoldingsChannel reports. The firm owned 15,000 shares of the company’s stock after selling 4,700 shares during the period. U S Global Investors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $764,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Laurel Wealth Planning LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% during the 1st quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock worth $2,487,000 after purchasing an additional 7,848 shares in the last quarter. Syntegra Private Wealth Group LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth about $386,000. Royal Bank of Canada raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% in the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after acquiring an additional 37,544 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% during the second quarter. Parallel Advisors LLC now owns 51,088 shares of the company’s stock worth $2,601,000 after purchasing an additional 7,294 shares in the last quarter. Finally, WealthBridge Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% during the first quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock valued at $1,101,000 after purchasing an additional 2,366 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.93 on Friday. The firm has a 50 day simple moving average of $50.99 and a 200 day simple moving average of $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.