SOL Capital Management CO Raises Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

SOL Capital Management CO grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,365 shares of the company’s stock after acquiring an additional 22,475 shares during the quarter. SOL Capital Management CO owned about 0.16% of JPMorgan Ultra-Short Municipal ETF worth $5,561,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Howe & Rusling Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $33,000. Cary Street Partners Financial LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $34,000. Assetmark Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 591.3% during the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock worth $56,000 after buying an additional 946 shares during the period. Global Trust Asset Management LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth about $76,000. Finally, Principia Wealth Advisory LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth about $94,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2%

BATS JMST opened at $50.89 on Thursday. The business’s 50-day moving average price is $50.77 and its 200 day moving average price is $50.78. 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 Company 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.