SFG Wealth Management LLC. Sells 9,687 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

SFG Wealth Management LLC. cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 50.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,422 shares of the company’s stock after selling 9,687 shares during the quarter. SFG Wealth Management LLC.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $478,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% in the third quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after purchasing an additional 167,861 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Ultra-Short Municipal ETF by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock worth $88,517,000 after acquiring an additional 67,868 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock worth $58,594,000 after acquiring an additional 257,415 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after acquiring an additional 830,218 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST opened at $50.81 on Monday. The stock has a fifty day simple moving average of $50.79 and a two-hundred day simple moving average of $50.81.

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.