JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Philip James Wealth Mangement LLC

Philip James Wealth Mangement LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.3% during the 4th quarter, HoldingsChannel reports. The fund owned 30,224 shares of the company’s stock after buying an additional 3,064 shares during the period. Philip James Wealth Mangement LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,533,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 9.5% during the third quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares during the last quarter. Resonant Capital Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 1.9% during the fourth quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock valued at $59,512,000 after purchasing an additional 21,351 shares during the last quarter. Salomon & Ludwin LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 0.8% during the fourth quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after purchasing an additional 7,925 shares during the last quarter. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Municipal ETF by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares during the last quarter. Finally, FSM Wealth Advisors LLC increased its stake 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 last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.82 on Monday. The company’s fifty day simple moving average is $50.79 and its two-hundred day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.