Indivisible Partners Acquires New Position in JPMorgan Ultra-Short Municipal ETF $JMST

Indivisible Partners acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,009 shares of the company’s stock, valued at approximately $714,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rice Partnership LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $43,000. Financial Network Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the third quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after purchasing an additional 1,013 shares in the last quarter. US Bancorp DE grew its position in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares in the last quarter. Park Place Capital Corp lifted its stake in JPMorgan Ultra-Short Municipal ETF by 118.3% in the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after acquiring an additional 952 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $96,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.90 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.69 and a 12 month high of $51.13. The firm has a 50 day moving average of $50.97 and a two-hundred day moving average of $50.98.

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.