JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Apex Wealth Management LLC

Apex Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 140,462 shares of the company’s stock after acquiring an additional 9,815 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 5.1% of Apex Wealth Management LLC’s portfolio, making the stock its 4th biggest position. Apex Wealth Management LLC owned approximately 0.18% of JPMorgan Ultra-Short Municipal ETF worth $7,169,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 48.3% in the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after purchasing an additional 4,561 shares in the last quarter. SageView Advisory Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $334,000. Jane Street Group LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4,675.0% in the 1st quarter. Jane Street Group LLC now owns 310,375 shares of the company’s stock valued at $15,783,000 after acquiring an additional 303,875 shares in the last quarter. Jacobi Capital Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 79.6% during the 1st quarter. Jacobi Capital Management LLC now owns 13,355 shares of the company’s stock valued at $679,000 after acquiring an additional 5,919 shares during the period. Finally, Blue Oak Capital LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter worth $265,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $51.03 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The firm has a fifty day simple moving average of $50.94 and a two-hundred day simple moving average of $50.92.

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.