28,153 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Acquired by Meridian Financial Partners LLC

Meridian Financial Partners LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 28,153 shares of the company’s stock, valued at approximately $1,428,000.

Several other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings 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 valued at $213,332,000 after purchasing an additional 227,838 shares in the last quarter. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 28.1% during the second 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 in the last quarter. Resonant Capital Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 20.1% during the first quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock valued at $87,647,000 after purchasing an additional 287,225 shares during the last quarter. Bank of New York Mellon Corp lifted its position in JPMorgan Ultra-Short Municipal ETF by 14.7% during the first quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock valued at $64,318,000 after purchasing an additional 161,844 shares during the last quarter. Finally, CWA Asset Management Group LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 12.3% during the third quarter. CWA Asset Management Group LLC now owns 675,186 shares of the company’s stock valued at $34,137,000 after purchasing an additional 74,095 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of NYSEARCA:JMST opened at $50.90 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.46 and a 52 week high of $51.13. The firm has a fifty day simple moving average of $50.76 and a two-hundred day simple moving average of $50.86.

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.