Envestnet Asset Management Inc. Buys 224,977 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 102.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 443,614 shares of the company’s stock after purchasing an additional 224,977 shares during the quarter. Envestnet Asset Management Inc. owned 0.65% of JPMorgan Ultra-Short Municipal ETF worth $22,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. PNC Financial Services Group Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 654,800.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,549 shares of the company’s stock valued at $332,000 after purchasing an additional 6,548 shares during the period. Commonwealth Equity Services LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 4.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 227,011 shares of the company’s stock valued at $11,512,000 after purchasing an additional 9,125 shares during the period. Corient Private Wealth LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 30.3% during the 4th quarter. Corient Private Wealth LLC now owns 695,881 shares of the company’s stock valued at $35,288,000 after purchasing an additional 161,884 shares during the period. Parallel Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $464,000. Finally, Cozad Asset Management Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $903,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.3%

BATS JMST opened at $50.91 on Wednesday. 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 52 week low of $50.42 and a 52 week high of $50.98.

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.