JPMorgan Ultra-Short Municipal ETF $JMST Shares Newly Acquired by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 156,652 shares of the company’s stock, valued at approximately $7,920,000. Forvis Mazars Wealth Advisors LLC owned about 0.10% of JPMorgan Ultra-Short Municipal ETF at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Allspring Global Investments Holdings LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $36,000. Cherry Tree Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $45,000. Birchwood Financial Partners Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $150,000. NBH Bank bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $166,000. Finally, Cypress Capital Group acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $204,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

JMST stock traded up $0.02 during midday trading on Tuesday, reaching $50.66. 1,994,328 shares of the company’s stock traded hands, compared to its average volume of 1,301,091. The company has a 50-day simple moving average of $50.78 and a two-hundred day simple moving average of $50.87. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.46 and a 1-year 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.