John A. Wolfe & Associates Inc. Acquires New Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

John A. Wolfe & Associates Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 33,012 shares of the company’s stock, valued at approximately $1,669,000. JPMorgan Ultra-Short Municipal ETF makes up approximately 2.2% of John A. Wolfe & Associates Inc.’s holdings, making the stock its 11th biggest position.

A number of other large investors have also recently bought and sold shares of JMST. Rosenberg Matthew Hamilton lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% in the third quarter. Rosenberg Matthew Hamilton now owns 312,862 shares of the company’s stock valued at $15,818,000 after acquiring an additional 50,191 shares in the last quarter. Shum Financial Group Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 101.8% during the 2nd quarter. Shum Financial Group Inc. now owns 33,986 shares of the company’s stock worth $1,733,000 after purchasing an additional 17,144 shares in the last quarter. HB Wealth Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 28.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after purchasing an additional 716,311 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth about $556,000. Finally, SteelPeak Wealth LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth about $1,988,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.86 on Friday. The firm has a 50-day moving average price of $50.76 and a 200 day moving average price of $50.90. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.46 and a twelve month 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.