DAVENPORT & Co LLC Sells 620 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

DAVENPORT & Co LLC lowered its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,739 shares of the company’s stock after selling 620 shares during the quarter. DAVENPORT & Co LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $394,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Laurel Wealth Planning LLC raised its stake 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 acquiring 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 during the 1st quarter worth approximately $386,000. Royal Bank of Canada raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% during the 1st 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 in the last quarter. Parallel Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 16.7% during the 2nd 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 during the last quarter. Finally, WealthBridge Capital Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 12.3% during the 1st quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock worth $1,101,000 after purchasing an additional 2,366 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.93 on Monday. The company’s 50 day moving average is $50.99 and its two-hundred day moving average is $50.82. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98.

About JPMorgan Ultra-Short Municipal ETF

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.