21,231 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Bought by Thryve Wealth Management LLC

Thryve Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 21,231 shares of the company’s stock, valued at approximately $1,082,000. JPMorgan Ultra-Short Municipal ETF accounts for about 0.5% of Thryve Wealth Management LLC’s portfolio, making the stock its 28th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Cambient Family Office LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $1,004,000. Axxcess Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 13.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 323,330 shares of the company’s stock worth $16,470,000 after buying an additional 39,033 shares in the last quarter. Corient Private Wealth LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 139.9% during the 4th quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after buying an additional 520,911 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in JPMorgan Ultra-Short Municipal ETF by 44.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 168,696 shares of the company’s stock worth $8,593,000 after acquiring an additional 51,937 shares during the last quarter. Finally, Beacon Pointe Advisors LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 34.9% during the 4th quarter. Beacon Pointe Advisors LLC now owns 26,801 shares of the company’s stock worth $1,365,000 after acquiring an additional 6,936 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.79 and a 1-year high of $51.13. The firm has a 50-day moving average price of $50.91 and a two-hundred 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.