Private Advisor Group LLC Increases Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Private Advisor Group LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 24.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,369 shares of the company’s stock after purchasing an additional 18,887 shares during the quarter. Private Advisor Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,938,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. International Assets Investment Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% in the third quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock worth $6,287,000 after acquiring an additional 121,800 shares during the period. CENTRAL TRUST Co boosted its stake in JPMorgan Ultra-Short Municipal ETF by 27.7% in the 3rd quarter. CENTRAL TRUST Co now owns 24,228 shares of the company’s stock worth $1,234,000 after purchasing an additional 5,253 shares during the period. Silver Oak Securities Incorporated grew its holdings in JPMorgan Ultra-Short Municipal ETF by 95.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 19,953 shares of the company’s stock valued at $1,017,000 after buying an additional 9,733 shares in the last quarter. Masso Torrence Wealth Management Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.4% during the third quarter. Masso Torrence Wealth Management Inc. now owns 14,646 shares of the company’s stock valued at $746,000 after buying an additional 2,965 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 100,928 shares of the company’s stock worth $5,141,000 after buying an additional 812 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.86 on Friday. The business’s fifty day moving average price is $50.80 and its 200 day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced 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.