Farther Finance Advisors LLC Has $5.37 Million Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Farther Finance Advisors LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 108.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 105,281 shares of the company’s stock after acquiring an additional 54,735 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,374,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JMST. Paladin Wealth LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 24.2% in the 3rd quarter. Paladin Wealth LLC now owns 7,943 shares of the company’s stock worth $405,000 after purchasing an additional 1,548 shares in the last quarter. Perennial Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% during the third quarter. Perennial Advisors LLC now owns 75,553 shares of the company’s stock worth $3,856,000 after purchasing an additional 2,881 shares during the period. McCarthy & Cox increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.1% during the third quarter. McCarthy & Cox now owns 9,320 shares of the company’s stock worth $476,000 after purchasing an additional 276 shares during the period. Goelzer Investment Management Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 10.6% in the third quarter. Goelzer Investment Management Inc. now owns 121,944 shares of the company’s stock valued at $6,224,000 after buying an additional 11,722 shares in the last quarter. Finally, Marion Wealth Management boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 10.1% in the third quarter. Marion Wealth Management now owns 14,146 shares of the company’s stock valued at $722,000 after buying an additional 1,301 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $51.02 on Wednesday. The business’s 50 day simple moving average is $50.94 and its 200 day simple moving average is $50.90. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

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.