JPMorgan Ultra-Short Municipal ETF $JMST Position Boosted by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 156.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,323 shares of the company’s stock after acquiring an additional 11,182 shares during the quarter. Cahill Financial Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $935,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JMST. Citizens Financial Group Inc. RI lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2,677.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 136,156 shares of the company’s stock worth $6,949,000 after acquiring an additional 131,254 shares during the period. Boothe Investment Group Inc. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 11.5% during the third quarter. Boothe Investment Group Inc. now owns 257,352 shares of the company’s stock valued at $13,135,000 after acquiring an additional 26,528 shares during the period. Cooper Financial Group raised its holdings in JPMorgan Ultra-Short Municipal ETF by 22.2% during the third quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock worth $8,078,000 after purchasing an additional 28,746 shares in the last quarter. Belpointe Asset Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $259,000. Finally, Ashton Thomas Securities LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 200.5% in the third quarter. Ashton Thomas Securities LLC now owns 55,310 shares of the company’s stock worth $2,823,000 after purchasing an additional 36,905 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.7%

Shares of JMST stock opened at $51.12 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The business’s fifty day moving average is $50.99 and its 200-day moving average is $50.97.

JPMorgan Ultra-Short Municipal ETF 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.