Monterey Private Wealth Inc. Boosts Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Monterey Private Wealth Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 23.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,069 shares of the company’s stock after buying an additional 949 shares during the period. Monterey Private Wealth Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $258,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Enclave Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the first quarter. Enclave Advisors LLC now owns 10,643 shares of the company’s stock worth $541,000 after purchasing an additional 231 shares during the period. Red Mountain Financial LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.9% during the first quarter. Red Mountain Financial LLC now owns 26,259 shares of the company’s stock worth $1,335,000 after purchasing an additional 231 shares during the period. Masso Torrence Wealth Management Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.6% during the first quarter. Masso Torrence Wealth Management Inc. now owns 16,094 shares of the company’s stock worth $818,000 after purchasing an additional 248 shares during the period. FAS Wealth Partners Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.4% during the first quarter. FAS Wealth Partners Inc. now owns 19,790 shares of the company’s stock worth $1,006,000 after purchasing an additional 264 shares during the period. Finally, Allworth Financial LP raised its stake in JPMorgan Ultra-Short Municipal ETF by 93.4% during the first quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after purchasing an additional 298 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

Shares of JMST stock opened at $51.03 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The firm’s 50-day moving average is $50.82 and its two-hundred day moving average is $50.78.

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.