Sanctuary Advisors LLC Buys 24,518 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sanctuary Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 61.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,617 shares of the company’s stock after purchasing an additional 24,518 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,285,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JMST. Salomon & Ludwin LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after buying an additional 830,218 shares during the period. FSM Wealth Advisors LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 676.0% during the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after purchasing an additional 517,187 shares during the period. Annex Advisory Services LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $21,711,000. CWA Asset Management Group LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter worth $19,911,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 325.3% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock worth $20,069,000 after purchasing an additional 302,492 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.82 on Tuesday. The company has a 50-day moving average price of $50.80 and a two-hundred day moving average price of $50.80.

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.