Farther Finance Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 191.2% during the second quarter, HoldingsChannel reports. The fund owned 50,546 shares of the company’s stock after buying an additional 33,186 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,574,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Allworth Financial LP raised its stake in JPMorgan Ultra-Short Municipal ETF by 93.4% in the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock valued at $31,000 after acquiring an additional 298 shares during the period. Rossby Financial LCC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $43,000. Cooksen Wealth LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $51,000. Global Trust Asset Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $76,000. Finally, Principia Wealth Advisory LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $94,000.
JPMorgan Ultra-Short Municipal ETF Stock Performance
Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.04 on Monday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98. The stock’s 50-day simple moving average is $50.98 and its 200 day simple moving average is $50.80.
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.
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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report).
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