Summit Place Financial Advisors LLC Boosts Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Summit Place Financial Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 126.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,150 shares of the company’s stock after buying an additional 25,255 shares during the period. Summit Place Financial Advisors LLC owned 0.06% of JPMorgan Ultra-Short Municipal ETF worth $2,300,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of JMST. AQR Capital Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% during the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after purchasing an additional 4,561 shares during the last quarter. Main Street Financial Solutions LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 31.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock worth $1,060,000 after purchasing an additional 4,942 shares during the last quarter. Peapack Gladstone Financial Corp increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 70.9% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after purchasing an additional 6,547 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 30.4% during the 2nd quarter. Raymond James Financial Inc. now owns 714,466 shares of the company’s stock worth $36,381,000 after purchasing an additional 166,441 shares during the last quarter. Finally, NCM Capital Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.4% during the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock worth $2,479,000 after purchasing an additional 3,775 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.98 on Friday. The company has a 50 day moving average of $50.98 and a 200-day moving average of $50.99. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.65 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.