Essex Bank Grows Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Essex Bank increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 80.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,461 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Essex Bank’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,144,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JMST. Rice Partnership LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $43,000. Financial Network Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the third quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after purchasing an additional 1,013 shares during the last quarter. US Bancorp DE lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares during the period. Park Place Capital Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 118.3% during the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after acquiring an additional 952 shares during the period. Finally, Triumph Capital Management bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $96,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.2%

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.87 on Friday. The business’s fifty day simple moving average is $50.98 and its 200 day simple moving average is $50.99. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.65 and a 12 month high of $51.13.

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.