50,191 JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton boosted its stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 19.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 312,862 shares of the company’s stock after acquiring an additional 50,191 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for 2.8% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 7th biggest position. Rosenberg Matthew Hamilton’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $15,818,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Collective Family Office LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $547,000. MassMutual Private Wealth & Trust FSB acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $357,000. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.1% in the second quarter. Envestnet Asset Management Inc. now owns 283,757 shares of the company’s stock valued at $14,472,000 after buying an additional 30,660 shares in the last quarter. Cherry Tree Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $45,000. Finally, Capstone Financial Advisors Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 128.3% in the 2nd quarter. Capstone Financial Advisors Inc. now owns 24,448 shares of the company’s stock valued at $1,247,000 after acquiring an additional 13,739 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST remained flat at $50.56 during midday trading on Monday. The company’s stock had a trading volume of 1,919,422 shares, compared to its average volume of 1,282,644. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.46 and a 1 year high of $51.13. The stock has a 50 day moving average of $50.82 and a two-hundred day moving average of $50.89.

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.