Bank of New York Mellon Corp Raises Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Bank of New York Mellon Corp boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 718,134 shares of the company’s stock after purchasing an additional 5,259 shares during the quarter. Bank of New York Mellon Corp owned about 1.05% of JPMorgan Ultra-Short Municipal ETF worth $36,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. BNP Paribas Financial Markets bought a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $2,613,000. Comerica Bank raised its holdings in JPMorgan Ultra-Short Municipal ETF by 9.1% during the 4th quarter. Comerica Bank now owns 6,000 shares of the company’s stock valued at $304,000 after buying an additional 500 shares during the last quarter. Fairview Capital Investment Management LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 3.1% during the 4th quarter. Fairview Capital Investment Management LLC now owns 72,625 shares of the company’s stock valued at $3,683,000 after buying an additional 2,200 shares during the period. Rockport Wealth LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $351,000. Finally, Laurel Wealth Planning LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 19.1% in the first quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock valued at $2,487,000 after acquiring an additional 7,848 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2%

Shares of BATS:JMST opened at $50.89 on Tuesday. The company has a 50-day moving average price of $50.71 and a 200-day moving average price of $50.75. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98.

JPMorgan Ultra-Short Municipal ETF Company 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.