43,433 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Bought by Legacy Private Trust Co.

Legacy Private Trust Co. purchased a new stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 43,433 shares of the company’s stock, valued at approximately $2,196,000.

Several other large investors have also recently modified their holdings of JMST. HB Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 28.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after purchasing an additional 716,311 shares during the period. Corient Private Wealth LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 139.9% in the fourth quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after purchasing an additional 520,911 shares during the period. Resonant Capital Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 20.1% in the first quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after purchasing an additional 287,225 shares during the period. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% in the first quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock worth $213,332,000 after buying an additional 227,838 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.7% in the first quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock worth $64,318,000 after buying an additional 161,844 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock traded up $0.01 during midday trading on Tuesday, hitting $50.58. 882,625 shares of the company’s stock were exchanged, compared to its average volume of 1,280,104. The stock has a 50-day moving average price of $50.81 and a two-hundred day moving average price of $50.88. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.46 and a 52-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.