Annex Advisory Services LLC Lowers Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Annex Advisory Services LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 97.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,608 shares of the company’s stock after selling 416,590 shares during the quarter. Annex Advisory Services LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $487,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of JMST. River Street Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $30,000. Legacy Investment Solutions LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $80,000. Key Financial Inc boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after buying an additional 838 shares in the last quarter. Finally, Centaurus Financial Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.81 on Tuesday. The company has a fifty day simple moving average of $50.79 and a 200 day simple moving average of $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.