Freedom Investment Management Inc. Has $2.21 Million Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Freedom Investment Management Inc. lowered its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 43,357 shares of the company’s stock after selling 1,930 shares during the period. Freedom Investment Management Inc. owned approximately 0.05% of JPMorgan Ultra-Short Municipal ETF worth $2,208,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in JMST. Allworth Financial LP increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 93.4% in the first quarter. Allworth Financial LP now owns 617 shares of the company’s stock worth $31,000 after purchasing an additional 298 shares during the period. Park Place Capital Corp bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $41,000. Rossby Financial LCC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth about $43,000. Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth about $51,000. Finally, Financial Management Professionals Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $90,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.4%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.97 on Thursday. The business’s 50-day simple moving average is $50.99 and its 200-day simple moving average is $50.83. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $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.