MJP Associates Inc. ADV Raises Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

MJP Associates Inc. ADV raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 12.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 289,678 shares of the company’s stock after acquiring an additional 32,358 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 3.9% of MJP Associates Inc. ADV’s portfolio, making the stock its 7th biggest holding. MJP Associates Inc. ADV owned approximately 0.57% of JPMorgan Ultra-Short Municipal ETF worth $14,698,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LWM Advisory Services LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $38,000. Advisory Services Network LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 41.4% in the first quarter. Advisory Services Network LLC now owns 854 shares of the company’s stock valued at $43,000 after purchasing an additional 250 shares in the last quarter. CVA Family Office LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $75,000. Bessemer Group Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $81,000. Finally, AdvisorNet Financial Inc grew its stake in JPMorgan Ultra-Short Municipal ETF by 38.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock worth $100,000 after buying an additional 548 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

JMST stock traded down $0.01 during mid-day trading on Wednesday, hitting $50.72. 458,555 shares of the stock were exchanged. The firm’s 50 day simple moving average is $50.73 and its two-hundred day simple moving average is $50.63.

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.