JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 395.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 580,541 shares of the company’s stock after acquiring an additional 463,452 shares during the period. HB Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $29,439,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. River Street Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $60,000. MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $80,000. Key Financial Inc lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after buying an additional 838 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST traded up $0.05 during trading hours on Friday, hitting $50.81. The company’s stock had a trading volume of 547,859 shares. The company has a 50-day moving average price of $50.79 and a 200-day moving average price of $50.81.

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.