JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Keudell Morrison Wealth Management

Keudell Morrison Wealth Management cut its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 84.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,205 shares of the company’s stock after selling 23,099 shares during the period. Keudell Morrison Wealth Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $214,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JMST. US Bancorp DE raised its holdings in JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after purchasing an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $71,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $80,000. Core Wealth Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $83,000. Finally, Park Place Capital Corp increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.97 on Thursday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.79 and a one year high of $51.13. The stock’s fifty day moving average is $50.92 and its 200-day moving average is $50.98.

JPMorgan Ultra-Short Municipal ETF Company 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.