Allworth Financial LP Purchases 298 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Allworth Financial LP lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 93.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 617 shares of the company’s stock after purchasing an additional 298 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $31,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Enclave Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 2.2% in the first quarter. Enclave Advisors LLC now owns 10,643 shares of the company’s stock worth $541,000 after purchasing an additional 231 shares in the last quarter. Red Mountain Financial LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 0.9% during the first quarter. Red Mountain Financial LLC now owns 26,259 shares of the company’s stock valued at $1,335,000 after purchasing an additional 231 shares in the last quarter. Masso Torrence Wealth Management Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.6% in the 1st quarter. Masso Torrence Wealth Management Inc. now owns 16,094 shares of the company’s stock valued at $818,000 after purchasing an additional 248 shares during the period. Yarger Wealth Strategies LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the 1st quarter. Yarger Wealth Strategies LLC now owns 16,440 shares of the company’s stock valued at $836,000 after purchasing an additional 303 shares during the period. Finally, Amara Financial LLC. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.7% in the 1st quarter. Amara Financial LLC. now owns 8,052 shares of the company’s stock worth $409,000 after buying an additional 436 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.91 on Friday. The business has a 50 day simple moving average of $50.72 and a 200 day simple moving average of $50.75. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one 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.