Yarger Wealth Strategies LLC Raises Position in JPMorgan Ultra-Short Municipal ETF $JMST

Yarger Wealth Strategies LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 90.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,351 shares of the company’s stock after purchasing an additional 14,911 shares during the period. Yarger Wealth Strategies LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,596,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Laurel Wealth Planning LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% during the 1st quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock worth $2,487,000 after purchasing an additional 7,848 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $259,000. Syntegra Private Wealth Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $386,000. Royal Bank of Canada increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% during the 1st quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after purchasing an additional 37,544 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% during the 2nd quarter. Parallel Advisors LLC now owns 51,088 shares of the company’s stock worth $2,601,000 after purchasing an additional 7,294 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.93 on Monday. The company has a 50 day moving average of $50.99 and a 200-day moving average of $50.82. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98.

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.