JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by LPL Financial LLC

LPL Financial LLC raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,024,296 shares of the company’s stock after acquiring an additional 54,500 shares during the quarter. LPL Financial LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $154,058,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Franklin Resources Inc. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 10.5% in the 4th quarter. Franklin Resources Inc. now owns 319,849 shares of the company’s stock worth $16,293,000 after buying an additional 30,290 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 11.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,339,176 shares of the company’s stock worth $68,218,000 after buying an additional 138,673 shares during the last quarter. SouthState Bank Corp boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 6,341.9% in the 4th quarter. SouthState Bank Corp now owns 286,731 shares of the company’s stock worth $14,606,000 after buying an additional 282,280 shares during the last quarter. Schwallier Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 4.3% in the 4th quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after buying an additional 278 shares during the last quarter. Finally, Vise Technologies Inc. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 333.2% in the 4th quarter. Vise Technologies Inc. now owns 27,888 shares of the company’s stock worth $1,421,000 after buying an additional 21,450 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.93 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.77 and a 12-month high of $51.13. The business’s 50-day moving average is $50.91 and its 200 day moving average is $50.98.

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.