Paragon Advisors LLC Buys New Position in JPMorgan Ultra-Short Municipal ETF $JMST

Paragon Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,952 shares of the company’s stock, valued at approximately $763,000.

Several other hedge funds have also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock valued at $26,000 after purchasing an additional 414 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $26,000. Park Place Capital Corp acquired a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $41,000. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $42,000. Finally, Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $45,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.7%

JPMorgan Ultra-Short Municipal ETF stock opened at $51.10 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98. The firm’s fifty day moving average is $50.99 and its 200 day moving average is $50.97.

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.