Fulton Bank N.A. Has $2.57 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Fulton Bank N.A. grew its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 30.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,490 shares of the company’s stock after purchasing an additional 11,751 shares during the period. Fulton Bank N.A.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,574,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in JMST. Argent Advisors Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $865,000. Key Financial Inc boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 240.5% during the 1st quarter. Key Financial Inc now owns 14,189 shares of the company’s stock valued at $723,000 after buying an additional 10,022 shares during the period. Members Wealth LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 17.6% during the 1st quarter. Members Wealth LLC now owns 9,821 shares of the company’s stock valued at $500,000 after acquiring an additional 1,472 shares in the last quarter. Peak Financial Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $231,000. Finally, Apollon Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.6% in the first quarter. Apollon Wealth Management LLC now owns 25,991 shares of the company’s stock worth $1,325,000 after acquiring an additional 3,308 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.90 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.80 and a 1 year high of $51.13. The stock has a fifty day moving average price of $50.92 and a 200 day moving average price 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.