17,098 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Bought by Investment Advisory Services Group LLC

Investment Advisory Services Group LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,098 shares of the company’s stock, valued at approximately $871,000. JPMorgan Ultra-Short Municipal ETF accounts for 0.8% of Investment Advisory Services Group LLC’s holdings, making the stock its 21st biggest holding.

Several other hedge funds have also added to or reduced their stakes in the business. Valeo Financial Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $6,210,000. 49 Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 94.4% during the 4th quarter. 49 Wealth Management LLC now owns 19,002 shares of the company’s stock worth $968,000 after purchasing an additional 9,228 shares in the last quarter. Manning & Napier Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 14.8% during the 4th quarter. Manning & Napier Advisors LLC now owns 105,217 shares of the company’s stock worth $5,370,000 after purchasing an additional 13,536 shares in the last quarter. Ballentine Partners LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 14.5% during the 4th quarter. Ballentine Partners LLC now owns 6,783 shares of the company’s stock worth $346,000 after purchasing an additional 857 shares in the last quarter. Finally, BHK Investment Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 166.7% during the 4th quarter. BHK Investment Advisors LLC now owns 16,000 shares of the company’s stock worth $815,000 after purchasing an additional 10,000 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

JMST stock opened at $50.89 on Wednesday. The stock has a 50-day moving average price of $50.96 and a two-hundred day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.71 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.