BHK Investment Advisors LLC Purchases 10,000 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

BHK Investment Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 166.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 16,000 shares of the company’s stock after acquiring an additional 10,000 shares during the period. BHK Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $815,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JMST. Sage Mountain Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $30,055,000. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 13.8% during the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after purchasing an additional 460,157 shares during the period. HB Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% during the fourth quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock valued at $110,943,000 after buying an additional 444,793 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 36.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,070,471 shares of the company’s stock worth $54,514,000 after purchasing an additional 287,650 shares in the last quarter. Finally, Simon Quick Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $10,480,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.90 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.71 and a 52 week high of $51.13. The company’s fifty day simple moving average is $50.97 and its two-hundred day simple moving average is $50.98.

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.