Chesley Taft & Associates LLC Has $5.94 Million Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Chesley Taft & Associates LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 29.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 117,110 shares of the company’s stock after purchasing an additional 26,890 shares during the quarter. Chesley Taft & Associates LLC owned approximately 0.23% of JPMorgan Ultra-Short Municipal ETF worth $5,939,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in JMST. Salomon & Ludwin LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after purchasing an additional 830,218 shares during the period. FSM Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after acquiring an additional 517,187 shares in the last quarter. HB Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 395.8% in the 4th quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock valued at $29,439,000 after acquiring an additional 463,452 shares in the last quarter. Annex Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $21,711,000. Finally, CWA Asset Management Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $19,911,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS:JMST opened at $50.81 on Tuesday. The business has a 50 day moving average of $50.79 and a two-hundred day moving average of $50.81.

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.