Nwam LLC Trims Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Nwam LLC lowered its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 32.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 31,339 shares of the company’s stock after selling 14,777 shares during the period. Nwam LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,597,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in JMST. Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 14.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,612,505 shares of the company’s stock worth $183,949,000 after buying an additional 464,869 shares during the last quarter. Bank of America Corp DE boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.5% during the second quarter. Bank of America Corp DE now owns 3,326,397 shares of the company’s stock valued at $169,380,000 after buying an additional 259,552 shares during the last quarter. HB Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 173.7% in the 3rd quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock worth $88,458,000 after buying an additional 1,099,860 shares in the last quarter. Resonant Capital Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 0.9% in the 2nd quarter. Resonant Capital Advisors LLC now owns 1,291,697 shares of the company’s stock worth $65,773,000 after buying an additional 11,940 shares during the last quarter. Finally, Salomon & Ludwin LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 13.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,150,038 shares of the company’s stock valued at $58,560,000 after acquiring an additional 133,284 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.05 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98. The company’s 50 day moving average is $50.96 and its 200 day moving average is $50.92.

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.