Flputnam Investment Management Co. Increases Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Flputnam Investment Management Co. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 617,884 shares of the company’s stock after buying an additional 44,473 shares during the period. Flputnam Investment Management Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $31,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JMST. Rice Partnership LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $43,000. US Bancorp DE lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 130.6% in 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 in the last quarter. Park Place Capital Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 118.3% in 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 in the last quarter. Triumph Capital Management purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $96,000. Finally, GGM Financials LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $100,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.91 on Wednesday. The stock’s fifty day moving average is $50.93 and its two-hundred day moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.71 and a fifty-two week high of $51.13.

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.