JPMorgan Ultra-Short Municipal ETF $JMST Stock Position Lifted by Opal Wealth Advisors LLC

Opal Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 235,409 shares of the company’s stock after buying an additional 10,559 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises 2.5% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 8th largest holding. Opal Wealth Advisors LLC owned approximately 0.15% of JPMorgan Ultra-Short Municipal ETF worth $11,902,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in JMST. Rosenberg Matthew Hamilton boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 312,862 shares of the company’s stock valued at $15,818,000 after buying an additional 50,191 shares during the period. Shum Financial Group Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 101.8% during the second quarter. Shum Financial Group Inc. now owns 33,986 shares of the company’s stock worth $1,733,000 after buying an additional 17,144 shares in the last quarter. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% during the second quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after buying an additional 716,311 shares in the last quarter. Thryve Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $1,082,000. Finally, Quantinno Capital Management LP purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter worth approximately $556,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0%

Shares of JMST stock traded down $0.01 during trading hours on Friday, reaching $50.73. 2,971,223 shares of the stock were exchanged, compared to its average volume of 1,315,234. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.46 and a 12-month high of $51.13. The business’s fifty day moving average is $50.77 and its two-hundred day moving average is $50.86.

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.