Financial Counselors Inc. Invests $212,000 in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Financial Counselors Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 4,182 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. YHB Investment Advisors Inc. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.5% in the 1st quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock worth $2,141,000 after purchasing an additional 206 shares during the period. Baystate Wealth Management LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.6% in the 4th quarter. Baystate Wealth Management LLC now owns 47,410 shares of the company’s stock worth $2,406,000 after acquiring an additional 269 shares in the last quarter. IAM Advisory LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.7% in the 4th quarter. IAM Advisory LLC now owns 17,983 shares of the company’s stock worth $912,000 after acquiring an additional 298 shares in the last quarter. West Paces Advisors Inc. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% in the 4th quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after acquiring an additional 495 shares in the last quarter. Finally, Webster Bank N. A. increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.4% in the 1st quarter. Webster Bank N. A. now owns 11,816 shares of the company’s stock worth $600,000 after acquiring an additional 500 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.70 on Wednesday. The stock has a 50-day simple moving average of $50.67 and a 200-day simple moving average of $50.69.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.1405 dividend. The ex-dividend date was Monday, July 1st.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Receive News & Ratings for JPMorgan Ultra-Short Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.