Prospera Financial Services Inc Has $2 Million Position in JPMorgan Ultra-Short Municipal ETF $JMST

Prospera Financial Services Inc boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 78.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,191 shares of the company’s stock after buying an additional 17,214 shares during the period. Prospera Financial Services Inc’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,996,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rice Partnership LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $43,000. US Bancorp DE increased its holdings in JPMorgan Ultra-Short Municipal ETF by 130.6% in 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 during the last quarter. Park Place Capital Corp increased its holdings 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 purchasing an additional 952 shares during the last quarter. Triumph Capital Management bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $96,000. Finally, GGM Financials LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $100,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.92 on Thursday. The firm has a 50 day moving average price of $50.93 and a 200 day moving average price of $50.98. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.71 and a 52-week high of $51.13.

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.