Opal Wealth Advisors LLC Sells 4,453 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Opal Wealth Advisors LLC decreased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.7% during the 4th quarter, Holdings Channel reports. The firm owned 160,354 shares of the company’s stock after selling 4,453 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 2.4% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Opal Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,132,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $60,000. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $80,000. Key Financial Inc lifted its position in 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 in the last quarter. Finally, Continuum Advisory LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $217,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST opened at $50.81 on Monday. The company has a fifty day moving average of $50.79 and a 200-day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF 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.