JPMorgan Ultra-Short Municipal ETF $JMST Position Decreased by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 33.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,000 shares of the company’s stock after selling 16,500 shares during the quarter. Summit Place Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,668,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rosenberg Matthew Hamilton boosted its stake in JPMorgan Ultra-Short Municipal ETF by 19.1% during the third quarter. Rosenberg Matthew Hamilton now owns 312,862 shares of the company’s stock worth $15,818,000 after buying an additional 50,191 shares during the period. Shum Financial Group Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 101.8% during the second quarter. Shum Financial Group Inc. now owns 33,986 shares of the company’s stock valued at $1,733,000 after acquiring an additional 17,144 shares during the last quarter. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% during the second quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after acquiring an additional 716,311 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at about $556,000. Finally, SteelPeak Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at about $1,988,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.90 on Monday. The company’s 50 day simple moving average is $50.76 and its 200-day simple moving average is $50.86. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.46 and a 1 year 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.