Spire Wealth Management Sells 4,422 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Spire Wealth Management decreased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,356 shares of the company’s stock after selling 4,422 shares during the quarter. Spire Wealth Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $982,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Macroview Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $30,000. LWM Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $38,000. CVA Family Office LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $75,000. Tyler Stone Wealth Management boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 33.3% during the 3rd quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock valued at $161,000 after purchasing an additional 800 shares in the last quarter. Finally, West Paces Advisors Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 16.4% during the fourth quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after purchasing an additional 495 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

Shares of JMST opened at $50.63 on Thursday. The firm has a 50-day simple moving average of $50.67 and a 200 day simple moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1399 per share. The ex-dividend date was Monday, April 1st.

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.