Allworth Financial LP Purchases 298 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Allworth Financial LP increased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 93.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 617 shares of the company’s stock after acquiring an additional 298 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $31,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of JMST. PNC Financial Services Group Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 654,800.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,549 shares of the company’s stock worth $332,000 after buying an additional 6,548 shares during the period. Parallel Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $464,000. Thrivent Financial for Lutherans grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 33.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 602,612 shares of the company’s stock worth $30,563,000 after acquiring an additional 151,260 shares during the last quarter. Millstone Evans Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $132,000. Finally, LPL Financial LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 20.9% during the fourth quarter. LPL Financial LLC now owns 2,328,339 shares of the company’s stock worth $118,070,000 after acquiring an additional 402,646 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.91 on Friday. The firm has a fifty day moving average price of $50.72 and a two-hundred day moving average price of $50.75. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two 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.