SOL Capital Management CO Has $4.41 Million Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

SOL Capital Management CO increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 75.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 86,890 shares of the company’s stock after purchasing an additional 37,290 shares during the period. SOL Capital Management CO owned approximately 0.17% of JPMorgan Ultra-Short Municipal ETF worth $4,406,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $80,000. Key Financial Inc raised its holdings 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 valued at $108,000 after acquiring an additional 838 shares in the last quarter. Finally, Centaurus Financial Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

Shares of BATS JMST opened at $50.89 on Friday. The stock has a 50 day moving average of $50.80 and a two-hundred day moving average of $50.82.

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.