Capital Management Corp VA Has $4.07 Million Position in JPMorgan Ultra-Short Municipal ETF $JMST

Capital Management Corp VA trimmed its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,913 shares of the company’s stock after selling 4,159 shares during the quarter. Capital Management Corp VA owned approximately 0.10% of JPMorgan Ultra-Short Municipal ETF worth $4,069,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JMST. Grimes & Company Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $55,491,000. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 31.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after purchasing an additional 748,311 shares in the last quarter. Avidian Wealth Enterprises LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 981.9% in the first quarter. Avidian Wealth Enterprises LLC now owns 585,649 shares of the company’s stock valued at $29,780,000 after purchasing an additional 531,517 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 158.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock valued at $39,791,000 after purchasing an additional 479,460 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% during the first quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock worth $137,848,000 after purchasing an additional 382,544 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.95 on Wednesday. The business has a 50 day moving average of $50.99 and a 200-day moving average of $50.82. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

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.