Klingman & Associates LLC Has $6.21 Million Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Klingman & Associates LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 156.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 121,774 shares of the company’s stock after purchasing an additional 74,345 shares during the quarter. Klingman & Associates LLC owned approximately 0.15% of JPMorgan Ultra-Short Municipal ETF worth $6,208,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of JMST. Allspring Global Investments Holdings LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter valued at $36,000. US Bancorp DE lifted its position in JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after buying an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $71,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $80,000. Finally, Core Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $83,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1%

Shares of BATS JMST opened at $50.88 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.83 and a 1-year high of $51.13. The company has a 50-day moving average of $50.92 and a two-hundred day moving average of $50.97.

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.