JPMorgan Chase & Co. Purchases 41,148 Shares of iShares Short Maturity Municipal Bond Active ETF $MEAR

JPMorgan Chase & Co. increased its holdings in iShares Short Maturity Municipal Bond Active ETF (BATS:MEAR) by 14.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 331,557 shares of the company’s stock after acquiring an additional 41,148 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Short Maturity Municipal Bond Active ETF were worth $16,747,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MEAR. Fidelis Capital Partners LLC increased its stake in iShares Short Maturity Municipal Bond Active ETF by 5.0% in the 2nd quarter. Fidelis Capital Partners LLC now owns 4,389 shares of the company’s stock worth $221,000 after acquiring an additional 208 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Short Maturity Municipal Bond Active ETF by 0.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 60,045 shares of the company’s stock worth $3,026,000 after purchasing an additional 264 shares in the last quarter. Milestone Investment Advisors LLC increased its position in shares of iShares Short Maturity Municipal Bond Active ETF by 5.3% in the second quarter. Milestone Investment Advisors LLC now owns 7,889 shares of the company’s stock worth $397,000 after purchasing an additional 398 shares during the last quarter. AE Wealth Management LLC raised its stake in iShares Short Maturity Municipal Bond Active ETF by 141.1% in the third quarter. AE Wealth Management LLC now owns 687 shares of the company’s stock valued at $35,000 after purchasing an additional 402 shares in the last quarter. Finally, Jacobson & Schmitt Advisors LLC raised its stake in iShares Short Maturity Municipal Bond Active ETF by 0.6% in the second quarter. Jacobson & Schmitt Advisors LLC now owns 66,993 shares of the company’s stock valued at $3,368,000 after purchasing an additional 406 shares in the last quarter.

iShares Short Maturity Municipal Bond Active ETF Price Performance

MEAR stock opened at $50.47 on Wednesday. The firm has a 50 day simple moving average of $50.45 and a two-hundred day simple moving average of $50.42. iShares Short Maturity Municipal Bond Active ETF has a one year low of $49.44 and a one year high of $50.79.

About iShares Short Maturity Municipal Bond Active ETF

The iShares Short Maturity Municipal Bond ETF (MEAR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds a portfolio of actively managed municipal bonds and targets a weighted average portfolio maturity of 3 years or less. MEAR was launched on Mar 3, 2015 and is managed by BlackRock.