Citizens Financial Group Inc. RI Acquires 131,254 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Citizens Financial Group Inc. RI increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2,677.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 136,156 shares of the company’s stock after acquiring an additional 131,254 shares during the quarter. Citizens Financial Group Inc. RI owned 0.17% of JPMorgan Ultra-Short Municipal ETF worth $6,949,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of JMST. Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 14.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,612,505 shares of the company’s stock worth $183,949,000 after purchasing an additional 464,869 shares during the period. Bank of America Corp DE boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.5% during the 2nd quarter. Bank of America Corp DE now owns 3,326,397 shares of the company’s stock worth $169,380,000 after purchasing an additional 259,552 shares in the last quarter. HB Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 173.7% in the 3rd quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock valued at $88,458,000 after buying an additional 1,099,860 shares during the period. Resonant Capital Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 0.9% in the 2nd quarter. Resonant Capital Advisors LLC now owns 1,291,697 shares of the company’s stock valued at $65,773,000 after buying an additional 11,940 shares in the last quarter. Finally, Salomon & Ludwin LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 13.1% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,150,038 shares of the company’s stock worth $58,560,000 after buying an additional 133,284 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.5%

Shares of BATS:JMST opened at $51.04 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98. The business’s 50 day simple moving average is $50.95 and its two-hundred day simple moving average is $50.92.

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.