GAMMA Investing LLC Has $96,000 Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

GAMMA Investing LLC cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 89.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,895 shares of the company’s stock after selling 16,388 shares during the period. GAMMA Investing LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $96,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Masso Torrence Wealth Management Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 6.8% during the second quarter. Masso Torrence Wealth Management Inc. now owns 17,194 shares of the company’s stock worth $876,000 after acquiring an additional 1,100 shares during the last quarter. U.S. Capital Wealth Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth approximately $1,290,000. Narus Financial Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.9% during the second quarter. Narus Financial Partners LLC now owns 53,689 shares of the company’s stock worth $2,734,000 after purchasing an additional 7,747 shares during the period. Rooted Wealth Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.2% during the second quarter. Rooted Wealth Advisors Inc. now owns 21,213 shares of the company’s stock worth $1,080,000 after purchasing an additional 246 shares during the period. Finally, Skyline Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 11.5% during the second quarter. Skyline Advisors Inc. now owns 43,418 shares of the company’s stock worth $2,211,000 after purchasing an additional 4,478 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.3%

Shares of JMST opened at $50.92 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The firm’s 50 day moving average is $50.99 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF 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.