Sanctuary Advisors LLC Decreases Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Sanctuary Advisors LLC lowered its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,222 shares of the company’s stock after selling 40,103 shares during the period. Sanctuary Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,223,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Root Financial Partners LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 1st quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after purchasing an additional 225 shares during the period. Narus Financial Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the first quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock worth $1,783,000 after purchasing an additional 240 shares in the last quarter. Schwallier Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% during the fourth quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock worth $346,000 after purchasing an additional 278 shares in the last quarter. Equitable Holdings Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock worth $1,443,000 after buying an additional 285 shares during the period. Finally, Philip James Wealth Mangement LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the fourth quarter. Philip James Wealth Mangement LLC now owns 46,281 shares of the company’s stock worth $2,358,000 after buying an additional 294 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

JMST stock opened at $50.93 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.83 and a 1 year high of $51.13. The stock has a 50-day simple moving average of $50.92 and a 200-day simple moving average of $50.98.

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.