JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Holdings Raised by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 107,219 shares of the company’s stock after acquiring an additional 10,467 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up 2.2% of Elmwood Wealth Management Inc.’s holdings, making the stock its 11th biggest holding. Elmwood Wealth Management Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,437,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 22.7% in the 4th quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock worth $874,000 after acquiring an additional 3,192 shares during the period. International Assets Investment Management LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 7,537.1% during the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock valued at $6,287,000 after purchasing an additional 121,800 shares during the last quarter. Private Advisor Group LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 1.9% during the third quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after purchasing an additional 1,434 shares during the last quarter. JPMorgan Chase & Co. lifted 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, Choreo LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $225,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock traded up $0.03 on Monday, hitting $50.76. 614,025 shares of the company’s stock traded hands. The stock’s fifty day moving average is $50.78 and its two-hundred day moving average is $50.81.

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.