JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 150.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 123,668 shares of the company’s stock after acquiring an additional 74,315 shares during the quarter. Capital Asset Advisory Services LLC owned 0.24% of JPMorgan Ultra-Short Municipal ETF worth $6,272,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% during 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% during 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 during the last quarter. Resonant Capital Advisors LLC increased its position in shares of 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 increased its position in shares of 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 worth $51,939,000 after acquiring an additional 830,218 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after acquiring an additional 70,821 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.85 on Monday. The stock’s 50-day simple moving average is $50.79 and its 200-day simple moving average is $50.82.

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.