Modern Wealth Management LLC Trims Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Modern Wealth Management LLC lowered its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.7% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 69,075 shares of the company’s stock after selling 521 shares during the period. Modern Wealth Management LLC owned about 0.09% of JPMorgan Ultra-Short Municipal ETF worth $3,512,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Jacobi Capital Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 79.6% during the 1st quarter. Jacobi Capital Management LLC now owns 13,355 shares of the company’s stock valued at $679,000 after buying an additional 5,919 shares during the last quarter. Strive Asset Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $1,182,000. Jane Street Group LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4,675.0% in the 1st quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock valued at $15,783,000 after purchasing an additional 303,875 shares in the last quarter. SageView Advisory Group LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $334,000. Finally, Coppell Advisory Solutions LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16,543.5% in the 1st quarter. Coppell Advisory Solutions LLC now owns 17,975 shares of the company’s stock valued at $994,000 after purchasing an additional 17,867 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.06 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98. The business has a 50-day moving average price of $50.96 and a 200 day moving average price of $50.80.

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.