Summit Place Financial Advisors LLC Takes Position in JPMorgan Ultra-Short Municipal ETF $JMST

Summit Place Financial Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 3rd quarter, according to its most recent filing with the SEC. The firm bought 19,895 shares of the company’s stock, valued at approximately $1,015,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% during 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 during the period. SageView Advisory Group LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at $334,000. Jane Street Group LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 4,675.0% during the 1st quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock valued at $15,783,000 after purchasing an additional 303,875 shares in the last quarter. Jacobi Capital Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 79.6% during the 1st quarter. Jacobi Capital Management LLC now owns 13,355 shares of the company’s stock worth $679,000 after buying an additional 5,919 shares during the period. Finally, Blue Oak Capital LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth $265,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $51.03 on Friday. The firm has a 50-day moving average of $50.94 and a two-hundred day moving average of $50.92. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98.

JPMorgan Ultra-Short Municipal ETF 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.