Quotient Wealth Partners LLC Sells 17,259 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Quotient Wealth Partners LLC decreased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 143,283 shares of the company’s stock after selling 17,259 shares during the quarter. Quotient Wealth Partners LLC owned about 0.18% of JPMorgan Ultra-Short Municipal ETF worth $7,305,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock worth $202,391,000 after buying an additional 192,499 shares in the last quarter. Bank of America Corp DE raised its position in shares of 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 valued at $193,266,000 after buying an additional 460,157 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.8% in the 4th quarter. LPL Financial LLC now owns 3,024,296 shares of the company’s stock valued at $154,058,000 after acquiring an additional 54,500 shares during the last quarter. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% in the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock valued at $110,943,000 after acquiring an additional 444,793 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.1% in the 4th quarter. Wells Fargo & Company MN now owns 1,481,928 shares of the company’s stock valued at $75,489,000 after acquiring an additional 136,125 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.96 on Friday. The stock has a 50-day moving average of $50.92 and a 200 day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.79 and a 12 month 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.