Meridian Financial LLC Acquires 322 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Meridian Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,022 shares of the company’s stock after buying an additional 322 shares during the period. Meridian Financial LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $255,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JMST. River Street Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $30,000. Legacy Investment Solutions LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $80,000. Key Financial Inc grew its position in 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 worth $108,000 after purchasing an additional 838 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.81 on Friday. The business has a 50 day moving average price of $50.79 and a two-hundred day moving average price of $50.81.

JPMorgan Ultra-Short Municipal ETF Company 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.