Entelevest LLC Makes New $860,000 Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Entelevest LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 16,887 shares of the company’s stock, valued at approximately $860,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Smithbridge Asset Management Inc. DE boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 128.4% in the fourth quarter. Smithbridge Asset Management Inc. DE now owns 10,464 shares of the company’s stock valued at $533,000 after acquiring an additional 5,882 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 15.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 21,339 shares of the company’s stock valued at $1,087,000 after purchasing an additional 2,819 shares during the period. J.Safra Asset Management Corp lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 11.6% in the fourth quarter. J.Safra Asset Management Corp now owns 100,621 shares of the company’s stock valued at $5,126,000 after purchasing an additional 10,433 shares during the period. Wills Financial Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $3,069,000. Finally, Capital Analysts LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.4% in the fourth quarter. Capital Analysts LLC now owns 143,485 shares of the company’s stock valued at $7,309,000 after purchasing an additional 12,283 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.93 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.77 and a 52 week high of $51.13. The firm has a 50-day moving average price of $50.91 and a 200 day moving average price 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.