Verus Capital Partners LLC Acquires Shares of 15,051 JPMorgan Ultra-Short Municipal ETF $JMST

Verus Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,051 shares of the company’s stock, valued at approximately $767,000.

A number of other hedge funds also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth about $36,000. US Bancorp DE grew its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after buying an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $71,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $80,000. Finally, Core Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $83,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.91 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.83 and a 12-month high of $51.13. The firm has a 50 day moving average price of $50.92 and a two-hundred day moving average price of $50.97.

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.