Graves Light Lenhart Wealth Inc. Has $3.21 Million Position in JPMorgan Ultra-Short Municipal ETF $JMST

Graves Light Lenhart Wealth Inc. increased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 63,050 shares of the company’s stock after buying an additional 1,439 shares during the period. Graves Light Lenhart Wealth Inc. owned 0.08% of JPMorgan Ultra-Short Municipal ETF worth $3,211,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Planning LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% in the first quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock valued at $2,487,000 after purchasing an additional 7,848 shares during the period. NCM Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 85.2% in the fourth quarter. NCM Capital Management LLC now owns 18,480 shares of the company’s stock worth $937,000 after acquiring an additional 8,500 shares during the last quarter. Syntegra Private Wealth Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth $386,000. WealthBridge Capital Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% in the first quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock worth $1,101,000 after acquiring an additional 2,366 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% in the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after acquiring an additional 37,544 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.06 on Wednesday. The company’s fifty day simple moving average is $50.97 and its 200-day simple moving average is $50.80. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

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.