International Assets Investment Management LLC Makes New Investment in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

International Assets Investment Management LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 76,202 shares of the company’s stock, valued at approximately $3,866,000. International Assets Investment Management LLC owned about 0.15% of JPMorgan Ultra-Short Municipal ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. IAM Advisory LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 1.7% during the fourth quarter. IAM Advisory LLC now owns 17,983 shares of the company’s stock worth $912,000 after acquiring an additional 298 shares during the period. StrategIQ Financial Group LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 12.3% during the fourth quarter. StrategIQ Financial Group LLC now owns 5,385 shares of the company’s stock valued at $273,000 after purchasing an additional 590 shares during the last quarter. Chesley Taft & Associates LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 41,825 shares of the company’s stock worth $2,122,000 after buying an additional 700 shares in the last quarter. Kwmg LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 2.5% in the fourth quarter. Kwmg LLC now owns 30,186 shares of the company’s stock worth $1,532,000 after buying an additional 737 shares during the last quarter. Finally, LWM Advisory Services LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $38,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.66 on Friday. The company has a fifty day moving average of $50.66 and a two-hundred day moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.