Optima Capital LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,659 shares of the company’s stock, valued at approximately $539,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC raised 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 acquiring an additional 716,311 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $21,870,000. Gradient Investments LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $20,465,000. Resonant Capital Advisors LLC raised its stake 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 valued at $87,647,000 after purchasing an additional 287,225 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in 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 purchasing an additional 227,838 shares during the period.
JPMorgan Ultra-Short Municipal ETF Stock Performance
JMST opened at $50.96 on Monday. The firm’s fifty day moving average price is $50.77 and its two-hundred day moving average price is $50.91. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.46 and a fifty-two week high of $51.13.
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.
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