39,004 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Bought by SteelPeak Wealth LLC

SteelPeak Wealth LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 39,004 shares of the company’s stock, valued at approximately $1,988,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Root Financial Partners LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% during the 1st quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock valued at $2,005,000 after buying an additional 225 shares in the last quarter. Narus Financial Partners LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock worth $1,783,000 after acquiring an additional 240 shares in the last quarter. Cahaba Wealth Management Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 4.2% during the 4th quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock valued at $313,000 after acquiring an additional 245 shares during the period. Schwallier Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 4.3% during the 4th quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock valued at $346,000 after acquiring an additional 278 shares during the period. Finally, Equitable Holdings Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% during the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock worth $1,443,000 after acquiring an additional 285 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.91 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.83 and a one year high of $51.13. The company’s 50-day simple moving average is $50.92 and its 200 day simple moving average 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.