JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 44.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 152,464 shares of the company’s stock after purchasing an additional 47,183 shares during the period. Farther Finance Advisors LLC owned about 0.19% of JPMorgan Ultra-Short Municipal ETF worth $7,767,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Sage Mountain Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $30,055,000. ZWJ Investment Counsel Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 94.7% during the fourth quarter. ZWJ Investment Counsel Inc. now owns 75,279 shares of the company’s stock valued at $3,835,000 after purchasing an additional 36,608 shares during the last quarter. Galvin Gaustad & Stein LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 7.1% during the fourth quarter. Galvin Gaustad & Stein LLC now owns 34,658 shares of the company’s stock valued at $1,765,000 after purchasing an additional 2,298 shares during the last quarter. Assetmark Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 17.3% during the fourth quarter. Assetmark Inc. now owns 37,931 shares of the company’s stock valued at $1,932,000 after purchasing an additional 5,586 shares during the last quarter. Finally, Arbor Investment Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at $239,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.92 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.56 and a 1-year high of $51.13. The firm has a fifty day moving average price of $51.01 and a two-hundred day moving average price of $50.99.

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.