JPMorgan Ultra-Short Municipal ETF $JMST is Resonant Capital Advisors LLC’s 2nd Largest Position

Resonant Capital Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.0% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,420,403 shares of the company’s stock after buying an additional 128,706 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises about 4.2% of Resonant Capital Advisors LLC’s holdings, making the stock its 2nd largest position. Resonant Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $72,497,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in JMST. AQR Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% in the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock valued at $713,000 after purchasing an additional 4,561 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 158.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 782,821 shares of the company’s stock worth $39,791,000 after purchasing an additional 479,460 shares during the last quarter. Weatherly Asset Management L. P. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% in the 2nd quarter. Weatherly Asset Management L. P. now owns 612,924 shares of the company’s stock valued at $31,210,000 after buying an additional 6,187 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 191.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 50,546 shares of the company’s stock valued at $2,574,000 after buying an additional 33,186 shares in the last quarter. Finally, Mallini Complete Financial Planning LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 14.8% during the 2nd quarter. Mallini Complete Financial Planning LLC now owns 14,698 shares of the company’s stock valued at $748,000 after buying an additional 1,898 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $51.05 on Friday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The stock has a fifty day moving average of $50.96 and a two-hundred day moving average of $50.92.

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.