Sunburst Financial Group LLC Sells 14,132 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Sunburst Financial Group LLC trimmed its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 22.9% during the third quarter, HoldingsChannel.com reports. The fund owned 47,486 shares of the company’s stock after selling 14,132 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 0.5% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 27th biggest holding. Sunburst Financial Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,424,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kestra Advisory Services LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 23.5% during the first quarter. Kestra Advisory Services LLC now owns 24,504 shares of the company’s stock worth $1,246,000 after purchasing an additional 4,670 shares in the last quarter. Comerica Bank raised its stake in JPMorgan Ultra-Short Municipal ETF by 77.7% during the 1st quarter. Comerica Bank now owns 10,664 shares of the company’s stock worth $542,000 after buying an additional 4,664 shares during the period. Jane Street Group LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 4,675.0% during the 1st quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock worth $15,783,000 after buying an additional 303,875 shares during the period. Royal Bank of Canada raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% during the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after purchasing an additional 37,544 shares during the period. Finally, Flputnam Investment Management Co. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 8.7% in the first quarter. Flputnam Investment Management Co. now owns 237,217 shares of the company’s stock valued at $12,062,000 after buying an additional 19,027 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

JMST opened at $51.02 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The firm’s fifty day simple moving average is $50.94 and its 200 day simple moving average is $50.91.

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.