Aries Wealth Management Increases Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Aries Wealth Management increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,300 shares of the company’s stock after acquiring an additional 650 shares during the quarter. Aries Wealth Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $319,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. River Street Advisors LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $30,000. Legacy Investment Solutions LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $60,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $80,000. Key Financial Inc raised its stake 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 valued at $108,000 after acquiring an additional 838 shares during the last quarter. Finally, Continuum Advisory LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST stock opened at $50.81 on Friday. 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 dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.