Canvas Wealth Advisors LLC Sells 18,675 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Canvas Wealth Advisors LLC decreased its stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 39.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,400 shares of the company’s stock after selling 18,675 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,447,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of JMST. Rosenberg Matthew Hamilton raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% during the third quarter. Rosenberg Matthew Hamilton now owns 312,862 shares of the company’s stock valued at $15,818,000 after acquiring an additional 50,191 shares during the period. HB Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 28.1% in the 2nd quarter. HB Wealth Management LLC now owns 3,268,293 shares of the company’s stock valued at $166,683,000 after acquiring an additional 716,311 shares in the last quarter. Shum Financial Group Inc. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 101.8% in the 2nd quarter. Shum Financial Group Inc. now owns 33,986 shares of the company’s stock valued at $1,733,000 after acquiring an additional 17,144 shares in the last quarter. Quantinno Capital Management LP acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $556,000. Finally, SteelPeak Wealth LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $1,988,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

NYSEARCA JMST traded up $0.01 on Friday, hitting $50.93. 1,758,534 shares of the stock were exchanged, compared to its average volume of 1,347,186. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.46 and a 52-week high of $51.13. The company’s 50-day moving average price is $50.76 and its two-hundred day moving average price is $50.91.

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.