Weaver Consulting Group Invests $285,000 in JPMorgan Ultra-Short Municipal ETF $JMST

Weaver Consulting Group acquired a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 5,600 shares of the company’s stock, valued at approximately $285,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Grimes & Company Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $55,491,000. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 31.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,147,636 shares of the company’s stock worth $160,057,000 after acquiring an additional 748,311 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 158.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock valued at $39,791,000 after acquiring an additional 479,460 shares during the period. Interchange Capital Partners LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 185.1% in the 2nd quarter. Interchange Capital Partners LLC now owns 694,420 shares of the company’s stock worth $35,360,000 after purchasing an additional 450,882 shares during the period. Finally, LPL Financial LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 16.4% during the 1st quarter. LPL Financial LLC now owns 2,710,883 shares of the company’s stock worth $137,848,000 after purchasing an additional 382,544 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.94 on Thursday. The business’s fifty day moving average price is $50.96 and its 200 day moving average price is $50.87. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98.

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.