Wealth Alliance Advisory Group LLC Purchases 1,113 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Wealth Alliance Advisory Group LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,183 shares of the company’s stock after purchasing an additional 1,113 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for approximately 0.9% of Wealth Alliance Advisory Group LLC’s investment portfolio, making the stock its 24th biggest holding. Wealth Alliance Advisory Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,370,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. HTLF Bank raised its holdings in JPMorgan Ultra-Short Municipal ETF by 3.2% in the 3rd quarter. HTLF Bank now owns 8,162 shares of the company’s stock valued at $416,000 after acquiring an additional 253 shares in the last quarter. Essex Savings Bank lifted its stake in JPMorgan Ultra-Short Municipal ETF by 4.6% in the 3rd quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock valued at $322,000 after purchasing an additional 276 shares during the last quarter. Red Mountain Financial LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.4% during the third quarter. Red Mountain Financial LLC now owns 20,831 shares of the company’s stock worth $1,061,000 after buying an additional 285 shares during the last quarter. WealthCare Investment Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% during the third quarter. WealthCare Investment Partners LLC now owns 15,486 shares of the company’s stock worth $787,000 after buying an additional 317 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock valued at $369,000 after acquiring an additional 348 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.81 on Friday. The stock’s fifty day moving average price is $50.79 and its two-hundred day moving average price 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.