JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Interchange Capital Partners LLC

Interchange Capital Partners LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 46.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 527,700 shares of the company’s stock after buying an additional 167,789 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 4.5% of Interchange Capital Partners LLC’s investment portfolio, making the stock its largest position. Interchange Capital Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $26,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% during the first quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock worth $213,332,000 after acquiring an additional 227,838 shares during the last quarter. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 28.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after acquiring an additional 716,311 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 20.1% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after purchasing an additional 287,225 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in JPMorgan Ultra-Short Municipal ETF by 14.7% in the 1st quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock worth $64,318,000 after purchasing an additional 161,844 shares in the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% during the 3rd quarter. CWA Asset Management Group LLC now owns 675,186 shares of the company’s stock valued at $34,137,000 after purchasing an additional 74,095 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.96 on Friday. The firm has a 50-day simple moving average of $50.77 and a two-hundred day simple moving average of $50.91. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.46 and a 52 week high of $51.13.

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.