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 50.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,643 shares of the company’s stock after selling 39,088 shares during the period. Ironwood Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,970,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Directional Asset Management bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $2,157,000. Bolthouse Investments LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 117.0% during the fourth quarter. Bolthouse Investments LLC now owns 36,445 shares of the company’s stock valued at $1,857,000 after purchasing an additional 19,650 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $693,000. Great Point Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 16.6% during the fourth quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock worth $8,251,000 after buying an additional 23,030 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. grew its position in JPMorgan Ultra-Short Municipal ETF by 23.1% in the fourth quarter. Beacon Investment Advisory Services Inc. now owns 97,202 shares of the company’s stock worth $4,951,000 after buying an additional 18,212 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.91 on Monday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.83 and a 1 year high of $51.13. The business’s fifty day moving average is $50.92 and its two-hundred day moving average is $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.