JPMorgan Ultra-Short Municipal ETF $JMST Stock Position Increased by Salomon & Ludwin LLC

Salomon & Ludwin LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,172,070 shares of the company’s stock after purchasing an additional 22,032 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for 5.3% of Salomon & Ludwin LLC’s portfolio, making the stock its 4th largest position. Salomon & Ludwin LLC owned approximately 1.47% of JPMorgan Ultra-Short Municipal ETF worth $59,732,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Rice Partnership LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $43,000. Financial Network Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after purchasing an additional 1,013 shares during the last quarter. US Bancorp DE grew its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares during the last quarter. Park Place Capital Corp grew its stake in JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares during the last quarter. Finally, Triumph Capital Management purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $96,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.95 on Wednesday. The business’s 50-day simple moving average is $51.00 and its two-hundred day simple moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.59 and a fifty-two week high of $51.13.

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.