JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Galvin Gaustad & Stein LLC

Galvin Gaustad & Stein LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 41,023 shares of the company’s stock after selling 1,084 shares during the period. Galvin Gaustad & Stein LLC owned 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,080,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Beacon Investment Advisory Services Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.5% in the fourth quarter. Beacon Investment Advisory Services Inc. now owns 105,430 shares of the company’s stock valued at $5,346,000 after acquiring an additional 1,532 shares during the last quarter. Mutual Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 7.8% in the fourth quarter. Mutual Advisors LLC now owns 55,930 shares of the company’s stock valued at $2,840,000 after purchasing an additional 4,029 shares during the period. Baker Ellis Asset Management LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 66.5% in the fourth quarter. Baker Ellis Asset Management LLC now owns 26,300 shares of the company’s stock valued at $1,334,000 after purchasing an additional 10,500 shares during the period. Albion Financial Group UT raised its position in JPMorgan Ultra-Short Municipal ETF by 2.9% in the fourth quarter. Albion Financial Group UT now owns 78,352 shares of the company’s stock valued at $3,973,000 after purchasing an additional 2,198 shares during the period. Finally, Dakota Wealth Management raised its position in JPMorgan Ultra-Short Municipal ETF by 12.5% in the fourth quarter. Dakota Wealth Management now owns 13,615 shares of the company’s stock valued at $690,000 after purchasing an additional 1,515 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.83 on Thursday. The firm has a 50-day moving average price of $50.79 and a 200 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.