JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Salomon & Ludwin LLC

Salomon & Ludwin LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 1.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,213,760 shares of the company’s stock after acquiring an additional 11,760 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 5.1% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 4th largest position. Salomon & Ludwin LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $61,368,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in JMST. Security Financial Services INC. boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 36.0% in the 3rd quarter. Security Financial Services INC. now owns 69,852 shares of the company’s stock valued at $3,532,000 after purchasing an additional 18,503 shares during the last quarter. Woodmont Investment Counsel LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $883,000. Optima Capital LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $539,000. Vise Technologies Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 57.5% during the third quarter. Vise Technologies Inc. now owns 58,020 shares of the company’s stock worth $2,933,000 after buying an additional 21,184 shares during the last quarter. Finally, Aprio Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 147.9% in the third quarter. Aprio Wealth Management LLC now owns 83,800 shares of the company’s stock valued at $4,237,000 after buying an additional 50,000 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

NYSEARCA:JMST opened at $50.96 on Monday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.46 and a 12-month high of $51.13. The stock’s fifty day simple moving average is $50.77 and its 200-day simple moving average is $50.91.

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.