ZWJ Investment Counsel Inc. Buys 34,474 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

ZWJ Investment Counsel Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 34,474 shares of the company’s stock, valued at approximately $1,743,000.

A number of other institutional investors have also bought and sold shares of the business. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $21,870,000. Triumph Capital Management grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.8% during the third quarter. Triumph Capital Management now owns 7,802 shares of the company’s stock worth $394,000 after purchasing an additional 1,287 shares in the last quarter. Baker Ellis Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $1,507,000. Aspen Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 12.7% during the third quarter. Aspen Wealth Management LLC now owns 220,543 shares of the company’s stock worth $11,151,000 after purchasing an additional 24,924 shares in the last quarter. Finally, Shore Point Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 118.4% during the 3rd quarter. Shore Point Advisors LLC now owns 17,686 shares of the company’s stock valued at $894,000 after purchasing an additional 9,588 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.67 on Thursday. The business’s 50 day moving average is $50.77 and its 200 day moving average is $50.87. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.46 and a 12-month high of $51.13.

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.