JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,161 shares of the company’s stock after selling 6,944 shares during the period. Ironwood Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,536,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in JMST. Bank of New York Mellon Corp boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the first quarter. Bank of New York Mellon Corp now owns 718,134 shares of the company’s stock worth $36,517,000 after buying an additional 5,259 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 102.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 443,614 shares of the company’s stock valued at $22,558,000 after buying an additional 224,977 shares during the period. Allworth Financial LP lifted its position in JPMorgan Ultra-Short Municipal ETF by 93.4% during the 1st quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after acquiring an additional 298 shares in the last quarter. Sigma Planning Corp boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 8.0% in the 1st quarter. Sigma Planning Corp now owns 13,943 shares of the company’s stock worth $709,000 after acquiring an additional 1,034 shares during the period. Finally, Apollon Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 88.7% in the 1st quarter. Apollon Wealth Management LLC now owns 13,598 shares of the company’s stock worth $691,000 after acquiring an additional 6,391 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.3%

Shares of BATS:JMST opened at $50.91 on Wednesday. The company has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.87. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98.

JPMorgan Ultra-Short Municipal ETF 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.