Kestra Advisory Services LLC Purchases 145,833 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Kestra Advisory Services LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 289.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 196,169 shares of the company’s stock after buying an additional 145,833 shares during the quarter. Kestra Advisory Services LLC owned about 0.12% of JPMorgan Ultra-Short Municipal ETF worth $9,918,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE increased its stake in JPMorgan Ultra-Short Municipal ETF by 5.8% in the 1st quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock valued at $213,332,000 after purchasing an additional 227,838 shares in the last quarter. HB Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% during the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock worth $166,683,000 after buying an additional 716,311 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.7% in the 1st quarter. Bank of New York Mellon Corp now owns 1,261,630 shares of the company’s stock worth $64,318,000 after buying an additional 161,844 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,213,760 shares of the company’s stock worth $61,368,000 after buying an additional 11,760 shares in the last quarter. Finally, CWA Asset Management Group LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 12.3% in the 3rd quarter. CWA Asset Management Group LLC now owns 675,186 shares of the company’s stock valued at $34,137,000 after acquiring an additional 74,095 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0%

JMST stock opened at $50.92 on Tuesday. The company’s 50 day simple moving average is $50.76 and its 200-day simple moving average is $50.91. 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.