JPMorgan Ultra-Short Municipal ETF $JMST Holdings Cut by Apex Wealth Management LLC

Apex Wealth Management LLC lowered its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 78.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,350 shares of the company’s stock after selling 110,112 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises about 1.6% of Apex Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding. Apex Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,549,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Rice Partnership LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $43,000. Financial Network Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,013 shares during the period. US Bancorp DE increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares during the period. Park Place Capital Corp increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after acquiring an additional 952 shares during the period. Finally, Triumph Capital Management acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $96,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.92 on Friday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.58 and a fifty-two week high of $51.13. The firm’s 50-day simple moving average is $51.01 and its 200 day simple moving average is $50.98.

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.