Thryve Wealth Management LLC Acquires 12,435 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Thryve Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 119.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,839 shares of the company’s stock after buying an additional 12,435 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for 0.6% of Thryve Wealth Management LLC’s holdings, making the stock its 19th largest position. Thryve Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,155,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Graves Light Lenhart Wealth Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.9% during the 3rd quarter. Graves Light Lenhart Wealth Inc. now owns 126,802 shares of the company’s stock worth $6,411,000 after acquiring an additional 4,735 shares during the period. Acropolis Investment Management LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth $665,000. Galvin Gaustad & Stein LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.9% in the third quarter. Galvin Gaustad & Stein LLC now owns 34,664 shares of the company’s stock valued at $1,753,000 after purchasing an additional 643 shares in the last quarter. Farther Finance Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 17.2% during the third quarter. Farther Finance Advisors LLC now owns 305,286 shares of the company’s stock worth $15,435,000 after purchasing an additional 44,893 shares during the period. Finally, Aletheian Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.4% during the third quarter. Aletheian Wealth Advisors LLC now owns 11,376 shares of the company’s stock worth $575,000 after buying an additional 476 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock traded up $0.03 during mid-day trading on Friday, hitting $50.61. The stock had a trading volume of 1,775,692 shares, compared to its average volume of 1,296,605. The firm has a fifty day simple moving average of $50.79 and a 200 day simple moving average 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 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.