ORG Partners LLC Makes New $396,000 Investment in JPMorgan Ultra-Short Municipal ETF $JMST

ORG Partners LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,784 shares of the company’s stock, valued at approximately $396,000.

A number of other hedge funds have also modified their holdings of the company. Laurel Wealth Planning LLC increased its stake 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 worth $2,487,000 after acquiring an additional 7,848 shares during the period. Syntegra Private Wealth Group LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter valued at about $386,000. Parallel Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% in the 2nd quarter. Parallel Advisors LLC now owns 51,088 shares of the company’s stock valued at $2,601,000 after buying an additional 7,294 shares during the period. WealthBridge Capital Management LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% in the first quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock worth $1,101,000 after buying an additional 2,366 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in JPMorgan Ultra-Short Municipal ETF by 10.3% during the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after acquiring an additional 37,544 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.5%

Shares of JMST stock opened at $51.03 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98. The stock has a 50 day moving average of $50.99 and a 200 day moving average of $50.81.

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.