Strategic Wealth Investment Group LLC Takes Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Strategic Wealth Investment Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, Holdings Channel reports. The institutional investor bought 47,874 shares of the company’s stock, valued at approximately $2,428,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JMST. LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares during the last quarter. Resonant Capital Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 28.8% during the third quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock valued at $58,594,000 after buying an additional 257,415 shares during the last quarter. Salomon & Ludwin LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 438.4% during the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after buying an additional 830,218 shares during the last quarter. JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Municipal ETF by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after acquiring an additional 70,821 shares during the period. Finally, FSM Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% during the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock worth $30,243,000 after acquiring an additional 517,187 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2 %

Shares of JMST stock opened at $50.89 on Friday. The company’s 50-day simple moving average is $50.80 and its two-hundred day simple moving average is $50.82.

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.