JPMorgan Ultra-Short Municipal ETF $JMST Stock Position Lifted by Firestone Capital Management

Firestone Capital Management lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 28.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 51,798 shares of the company’s stock after acquiring an additional 11,459 shares during the period. Firestone Capital Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,642,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% during the 1st quarter. Bank of America Corp DE now owns 4,184,621 shares of the company’s stock valued at $213,332,000 after acquiring an additional 227,838 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 5.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock worth $202,391,000 after purchasing an additional 192,499 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.8% in the fourth quarter. LPL Financial LLC now owns 3,024,296 shares of the company’s stock worth $154,058,000 after purchasing an additional 54,500 shares during the period. HB Wealth Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 17.2% during the first quarter. HB Wealth Management LLC now owns 2,551,982 shares of the company’s stock valued at $130,100,000 after purchasing an additional 374,070 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 20.1% in the 1st quarter. Resonant Capital Advisors LLC now owns 1,719,248 shares of the company’s stock worth $87,647,000 after buying an additional 287,225 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.80 and a 1 year high of $51.13. The firm’s 50-day moving average is $50.91 and its 200-day moving average is $50.94.

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.