NorthRock Partners LLC lessened its stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST – Free Report) by 55.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 662,850 shares of the company’s stock after selling 828,499 shares during the quarter. NorthRock Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $33,805,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JMST. Root Financial Partners LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 0.6% in the first quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after purchasing an additional 225 shares during the period. Narus Financial Partners LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock valued at $1,783,000 after purchasing an additional 240 shares during the period. Schwallier Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% in the 4th quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after buying an additional 278 shares in the last quarter. Equitable Holdings Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 3rd quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock worth $1,443,000 after buying an additional 285 shares in the last quarter. Finally, Strategic Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the first quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after buying an additional 295 shares during the period.
JPMorgan Ultra-Short Municipal ETF Price Performance
Shares of JMST stock opened at $50.83 on Wednesday. The stock has a 50-day simple moving average of $50.90 and a 200 day simple moving average of $50.93. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.79 and a fifty-two 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.
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