Archford Capital Strategies LLC Purchases 1,196 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Archford Capital Strategies LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 15.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,920 shares of the company’s stock after purchasing an additional 1,196 shares during the quarter. Archford Capital Strategies LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $452,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after buying an additional 167,861 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in JPMorgan Ultra-Short Municipal ETF by 4.0% in the second 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 in the last quarter. Resonant Capital Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 28.8% during the third 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 during the last quarter. Salomon & Ludwin LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 438.4% during the third 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. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the 3rd 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 during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.85 on Monday. The firm’s fifty day moving average is $50.79 and its 200 day moving average is $50.82.

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.