Perigon Wealth Management LLC Sells 31,179 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Perigon Wealth Management LLC trimmed its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 41.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,403 shares of the company’s stock after selling 31,179 shares during the period. Perigon Wealth Management LLC owned about 0.05% of JPMorgan Ultra-Short Municipal ETF worth $2,215,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Cooper Financial Group raised its position in JPMorgan Ultra-Short Municipal ETF by 22.2% during the third quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock worth $8,078,000 after acquiring an additional 28,746 shares in the last quarter. Belpointe Asset Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $259,000. Janney Montgomery Scott LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 158.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 13,479 shares of the company’s stock worth $686,000 after purchasing an additional 8,270 shares during the last quarter. KM Capital Management Ltd. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 56.9% in the 2nd quarter. KM Capital Management Ltd. now owns 63,951 shares of the company’s stock valued at $3,256,000 after purchasing an additional 23,181 shares during the period. Finally, Franklin Resources Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 16.7% in the 2nd quarter. Franklin Resources Inc. now owns 216,874 shares of the company’s stock valued at $11,043,000 after purchasing an additional 31,098 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $51.04 on Tuesday. The business’s 50 day moving average price is $50.94 and its two-hundred day moving average price is $50.91. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98.

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.