Janney Montgomery Scott LLC Purchases 8,270 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Janney Montgomery Scott LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 158.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,479 shares of the company’s stock after purchasing an additional 8,270 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $686,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Laurel Wealth Planning LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 19.1% during the 1st 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 bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $386,000. Royal Bank of Canada grew its stake in JPMorgan Ultra-Short Municipal ETF by 10.3% in the 1st quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock valued at $20,375,000 after buying an additional 37,544 shares in the last quarter. Parallel Advisors LLC grew its stake in 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 in the last quarter. Finally, WealthBridge Capital Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% during the 1st quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock valued at $1,101,000 after purchasing an additional 2,366 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.96 on Thursday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $50.98. The company has a fifty day moving average price of $50.99 and a 200-day moving average price of $50.82.

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.