TD Capital Management LLC Sells 15,019 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

TD Capital Management LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 230,340 shares of the company’s stock after selling 15,019 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 1.0% of TD Capital Management LLC’s holdings, making the stock its 27th biggest holding. TD Capital Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,734,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. AQR Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% in the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after acquiring an additional 4,561 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 31.1% during 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 during the last quarter. Peapack Gladstone Financial Corp increased its position in JPMorgan Ultra-Short Municipal ETF by 70.9% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 15,787 shares of the company’s stock worth $804,000 after purchasing an additional 6,547 shares in the last quarter. Raymond James Financial Inc. increased its position in 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 in the last quarter. Finally, NCM Capital Management LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 8.4% in the 2nd quarter. NCM Capital Management LLC now owns 48,690 shares of the company’s stock valued at $2,479,000 after purchasing an additional 3,775 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.79 and a fifty-two week high of $51.13. The company’s 50 day moving average price is $50.91 and its two-hundred day moving average price is $50.98.

JPMorgan Ultra-Short Municipal ETF 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.