Cooper Financial Group Raises Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Cooper Financial Group raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 22.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 158,260 shares of the company’s stock after purchasing an additional 28,746 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for 0.9% of Cooper Financial Group’s investment portfolio, making the stock its 23rd largest holding. Cooper Financial Group owned approximately 0.20% of JPMorgan Ultra-Short Municipal ETF worth $8,078,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Kovitz Investment Group Partners LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $240,000. Cresset Asset Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 347.7% in the 1st quarter. Cresset Asset Management LLC now owns 32,350 shares of the company’s stock valued at $1,645,000 after buying an additional 25,124 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.0% in the 1st quarter. Raymond James Financial Inc. now owns 548,025 shares of the company’s stock valued at $27,867,000 after buying an additional 109,667 shares during the last quarter. RWA Wealth Partners LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 20.7% in the first quarter. RWA Wealth Partners LLC now owns 9,519 shares of the company’s stock valued at $484,000 after acquiring an additional 1,630 shares during the last quarter. Finally, Vertex Planning Partners LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 5.1% in the first quarter. Vertex Planning Partners LLC now owns 51,008 shares of the company’s stock valued at $2,594,000 after acquiring an additional 2,483 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

Shares of JMST stock opened at $50.95 on Thursday. The stock’s 50-day moving average is $50.93 and its two-hundred day moving average is $50.90. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year 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.