One Capital Management LLC Sells 74,874 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

One Capital Management LLC cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 43.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,241 shares of the company’s stock after selling 74,874 shares during the quarter. One Capital Management LLC owned approximately 0.12% of JPMorgan Ultra-Short Municipal ETF worth $4,903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Sage Mountain Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $30,055,000. Bank of America Corp DE lifted its position in JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after buying an additional 460,157 shares in the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 25.7% during the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after buying an additional 444,793 shares in the last quarter. TFO Wealth Partners LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 438.9% during the 4th quarter. TFO Wealth Partners LLC now owns 342,711 shares of the company’s stock worth $17,458,000 after buying an additional 279,117 shares in the last quarter. Finally, Simon Quick Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $10,480,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.90 on Wednesday. The company’s 50-day moving average is $50.92 and its 200-day moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.73 and a fifty-two week high of $51.13.

About JPMorgan Ultra-Short Municipal ETF

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.