JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Essex Financial Services Inc.

Essex Financial Services Inc. cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,240 shares of the company’s stock after selling 745 shares during the period. Essex Financial Services Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $570,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. River Street Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $60,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $80,000. Key Financial Inc raised its stake in JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

BATS:JMST opened at $50.80 on Thursday. The company has a 50-day moving average of $50.79 and a 200 day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.