Tarbox Family Office Inc. Has $343,000 Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Tarbox Family Office Inc. trimmed its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,738 shares of the company’s stock after selling 1,486 shares during the quarter. Tarbox Family Office Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $343,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 31.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after buying an additional 748,311 shares during the period. LPL Financial LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 16.4% in the 1st quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock worth $137,848,000 after acquiring an additional 382,544 shares in the last quarter. Resonant Capital Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 0.9% during the 2nd quarter. Resonant Capital Advisors LLC now owns 1,291,697 shares of the company’s stock worth $65,773,000 after acquiring an additional 11,940 shares during the period. Grimes & Company Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $55,491,000. Finally, NorthRock Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.0% in the 2nd quarter. NorthRock Partners LLC now owns 904,286 shares of the company’s stock valued at $46,046,000 after purchasing an additional 81,988 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.95 on Thursday. The company has a 50 day simple moving average of $50.96 and a 200-day simple moving average of $50.87. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98.

JPMorgan Ultra-Short Municipal ETF 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.