JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Salomon & Ludwin LLC

Salomon & Ludwin LLC decreased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,016,754 shares of the company’s stock after selling 482 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 5.1% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 4th largest position. Salomon & Ludwin LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $51,667,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Laurel Wealth Planning LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 19.1% during the first quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock worth $2,487,000 after purchasing an additional 7,848 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $259,000. Janney Montgomery Scott LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 158.8% during the second quarter. Janney Montgomery Scott LLC now owns 13,479 shares of the company’s stock worth $686,000 after purchasing an additional 8,270 shares during the last quarter. Apollon Wealth Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 145.8% during the second quarter. Apollon Wealth Management LLC now owns 33,419 shares of the company’s stock worth $1,702,000 after purchasing an additional 19,821 shares during the last quarter. Finally, Syntegra Private Wealth Group LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the first quarter worth about $386,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.98 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98. The company has a 50-day moving average price of $50.99 and a 200 day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Company 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.