30,645 JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) by 29.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 135,648 shares of the company’s stock after buying an additional 30,645 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up about 0.7% of Revolve Wealth Partners LLC’s investment portfolio, making the stock its 26th largest position. Revolve Wealth Partners LLC owned about 0.09% of JPMorgan Ultra-Short Municipal ETF worth $6,858,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mainsail Financial Group LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 32.1% in the third quarter. Mainsail Financial Group LLC now owns 169,752 shares of the company’s stock worth $8,583,000 after purchasing an additional 41,291 shares during the last quarter. Meridian Financial Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $1,428,000. Citizens Financial Group Inc. RI purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $9,858,000. OLIO Financial Planning raised its position in JPMorgan Ultra-Short Municipal ETF by 5.0% in the 3rd quarter. OLIO Financial Planning now owns 21,176 shares of the company’s stock worth $1,071,000 after purchasing an additional 1,005 shares during the period. Finally, Professional Financial Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $2,944,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

NYSEARCA:JMST opened at $50.90 on Monday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.46 and a twelve month high of $51.13. The stock has a fifty day simple moving average of $50.76 and a 200-day simple moving average of $50.86.

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.