JPMorgan Ultra-Short Municipal ETF $JMST Stock Holdings Boosted by Higgins & Schmidt Wealth Strategies LLC

Higgins & Schmidt Wealth Strategies LLC raised its position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 979.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,632 shares of the company’s stock after acquiring an additional 53,202 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 1.2% of Higgins & Schmidt Wealth Strategies LLC’s investment portfolio, making the stock its 14th largest position. Higgins & Schmidt Wealth Strategies LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,964,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Root Financial Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% during the first quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after purchasing an additional 225 shares during the period. Strategic Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the first quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock worth $1,493,000 after purchasing an additional 295 shares during the last quarter. Commonwealth Financial Services LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% in the first quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock worth $756,000 after purchasing an additional 299 shares during the last quarter. USAdvisors Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 1.1% during the 3rd quarter. USAdvisors Wealth Management LLC now owns 29,657 shares of the company’s stock valued at $1,499,000 after purchasing an additional 310 shares during the period. Finally, IFP Advisors Inc increased its holdings in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 2nd quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock valued at $3,304,000 after purchasing an additional 362 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of NYSEARCA:JMST opened at $50.93 on Tuesday. The stock’s 50-day moving average is $50.76 and its 200 day moving average is $50.91. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.46 and a 1 year high of $51.13.

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.