XY Planning Network Inc. Acquires New Shares in JPMorgan Ultra-Short Municipal ETF $JMST

XY Planning Network Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the second quarter, Holdings Channel.com reports. The fund acquired 12,931 shares of the company’s stock, valued at approximately $659,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at about $36,000. US Bancorp DE boosted its position in shares of 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 acquiring an additional 653 shares during the period. Godfrey Financial Associates Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $71,000. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $80,000. Finally, Core Wealth Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $83,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

NYSEARCA JMST opened at $50.80 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.79 and a 1 year high of $51.13. The company’s 50 day simple moving average is $50.90 and its two-hundred day simple moving average is $50.93.

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.