ZWJ Investment Counsel Inc. Buys 34,474 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

ZWJ Investment Counsel Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (NYSEARCA:JMST) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 34,474 shares of the company’s stock, valued at approximately $1,743,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JMST. Root Financial Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the first quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after buying an additional 225 shares during the period. Narus Financial Partners LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the 1st quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock valued at $1,783,000 after acquiring an additional 240 shares during the period. Strategic Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the 1st quarter. Strategic Wealth Advisors LLC now owns 29,288 shares of the company’s stock valued at $1,493,000 after acquiring an additional 295 shares during the period. Commonwealth Financial Services LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.1% during the 1st quarter. Commonwealth Financial Services LLC now owns 14,822 shares of the company’s stock valued at $756,000 after acquiring an additional 299 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% during the 2nd quarter. IFP Advisors Inc now owns 64,786 shares of the company’s stock valued at $3,304,000 after acquiring an additional 362 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.67 on Thursday. The firm has a 50 day moving average of $50.77 and a 200 day moving average of $50.87. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.46 and a 12-month high of $51.13.

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.