Sigma Planning Corp Makes New Investment in JPMorgan Ultra-Short Municipal ETF $JMST

Sigma Planning Corp purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 66,366 shares of the company’s stock, valued at approximately $3,355,000.

Several other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $36,000. Cherry Tree Wealth Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $45,000. Birchwood Financial Partners Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at approximately $150,000. NBH Bank bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $166,000. Finally, Cypress Capital Group bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at approximately $204,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.93 on Tuesday. The company’s 50 day moving average is $50.76 and its 200 day moving average is $50.91. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.46 and a 52-week high of $51.13.

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.