Rockefeller Capital Management L.P. Buys 157,475 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Rockefeller Capital Management L.P. lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 142.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 268,090 shares of the company’s stock after purchasing an additional 157,475 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $13,651,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JMST. Private Advisor Group LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 23.0% in the first quarter. Private Advisor Group LLC now owns 119,728 shares of the company’s stock valued at $6,088,000 after buying an additional 22,359 shares in the last quarter. Csenge Advisory Group bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $269,000. Kestra Private Wealth Services LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at about $977,000. IFP Advisors Inc lifted its stake in JPMorgan Ultra-Short Municipal ETF by 0.7% in the first quarter. IFP Advisors Inc now owns 43,780 shares of the company’s stock valued at $2,226,000 after buying an additional 324 shares during the period. Finally, PFG Advisors raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.2% in the 1st quarter. PFG Advisors now owns 7,879 shares of the company’s stock valued at $401,000 after acquiring an additional 392 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.95 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $50.98. The company’s 50 day simple moving average is $50.97 and its 200 day simple moving average is $50.87.

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.