Private Wealth Group LLC Takes $439,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Private Wealth Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 8,663 shares of the company’s stock, valued at approximately $439,000.

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

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

BATS JMST opened at $50.82 on Friday. The stock’s 50 day simple moving average is $50.79 and its 200-day simple moving average is $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.