Able Wealth Management LLC Increases Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Able Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 49.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 96,467 shares of the company’s stock after purchasing an additional 31,840 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 1.6% of Able Wealth Management LLC’s investment portfolio, making the stock its 22nd largest holding. Able Wealth Management LLC owned 0.12% of JPMorgan Ultra-Short Municipal ETF worth $4,914,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. HB Wealth Management LLC increased its holdings in 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 worth $88,458,000 after acquiring an additional 1,099,860 shares during the last quarter. Sage Mountain Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $30,055,000. Bank of America Corp DE increased its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% in the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after acquiring an additional 460,157 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 36.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,070,471 shares of the company’s stock worth $54,514,000 after acquiring an additional 287,650 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 26.9% in the 3rd quarter. Raymond James Financial Inc. now owns 906,585 shares of the company’s stock worth $46,272,000 after acquiring an additional 192,119 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.95 on Tuesday. The business has a 50-day moving average of $51.00 and a 200 day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.58 and a fifty-two week high of $51.13.

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.