Worth Asset Management LLC Acquires Shares of 16,141 JPMorgan Ultra-Short Municipal ETF $JMST

Worth Asset Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 16,141 shares of the company’s stock, valued at approximately $823,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMST. Directional Asset Management bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $2,157,000. Revolve Wealth Partners LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $693,000. Great Point Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.6% in the 4th quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,251,000 after purchasing an additional 23,030 shares during the last quarter. Bolthouse Investments LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 117.0% in the 4th quarter. Bolthouse Investments LLC now owns 36,445 shares of the company’s stock valued at $1,857,000 after purchasing an additional 19,650 shares during the last quarter. Finally, Red Door Wealth Management LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $749,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.96 on Tuesday. The company has a 50 day moving average of $50.92 and a 200-day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.79 and a one 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.