Auxano Advisors LLC Raises Position in JPMorgan Ultra-Short Municipal ETF $JMST

Auxano Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 42.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 211,534 shares of the company’s stock after buying an additional 62,903 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 2.5% of Auxano Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Auxano Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $10,771,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JMST. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 414.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after purchasing an additional 414 shares during the period. Park Place Capital Corp bought a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $41,000. Atlantic Union Bankshares Corp bought a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $42,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $45,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.95 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The firm’s 50-day moving average is $50.96 and its 200-day moving average is $50.87.

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.