Chesley Taft & Associates LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 24.2% during the second quarter, HoldingsChannel reports. The fund owned 285,335 shares of the company’s stock after acquiring an additional 55,525 shares during the quarter. Chesley Taft & Associates LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $14,552,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $36,000. US Bancorp DE lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after purchasing an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $71,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $80,000. Finally, Core Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $83,000.
JPMorgan Ultra-Short Municipal ETF Stock Performance
Shares of BATS JMST opened at $50.89 on Friday. The stock’s 50 day moving average price is $50.92 and its two-hundred day moving average price is $50.96. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.80 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.
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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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