JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 34.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,927 shares of the company’s stock after selling 25,905 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,494,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. AQR Capital Management LLC increased its position in 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 in the last quarter. Main Street Financial Solutions LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 31.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 20,822 shares of the company’s stock valued at $1,060,000 after purchasing an additional 4,942 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 70.9% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock valued at $804,000 after purchasing an additional 6,547 shares in the last quarter. Raymond James Financial Inc. boosted 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 boosted 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 BATS JMST opened at $50.93 on Friday. The company has a 50-day simple moving average of $50.92 and a 200-day simple moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.80 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.