MML Investors Services LLC Sells 17,652 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

MML Investors Services LLC decreased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) by 23.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,399 shares of the company’s stock after selling 17,652 shares during the quarter. MML Investors Services LLC owned about 0.11% of JPMorgan Ultra-Short Municipal ETF worth $2,860,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Howe & Rusling Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $33,000. Assetmark Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 591.3% during the 4th quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock worth $56,000 after acquiring an additional 946 shares during the last quarter. Blue Trust Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $82,000. Bank of Jackson Hole Trust bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $99,000. Finally, Millstone Evans Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $132,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.75 on Monday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The company’s 50 day simple moving average is $50.75 and its 200 day simple moving average is $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1277 per share. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 3rd.

JPMorgan Ultra-Short Municipal ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

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