Flputnam Investment Management Co. Boosts Position in JPMorgan Ultra-Short Municipal ETF $JMST

Flputnam Investment Management Co. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 617,884 shares of the company’s stock after buying an additional 44,473 shares during the quarter. Flputnam Investment Management Co. owned 0.77% of JPMorgan Ultra-Short Municipal ETF worth $31,475,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Revolve Wealth Partners LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $693,000. Directional Asset Management acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $2,157,000. Red Door Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $749,000. Capital Asset Advisory Services LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.1% during the 4th quarter. Capital Asset Advisory Services LLC now owns 281,874 shares of the company’s stock worth $14,373,000 after purchasing an additional 34,766 shares during the period. Finally, Great Point Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.6% during the 4th quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock worth $8,251,000 after purchasing an additional 23,030 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1%

Shares of BATS JMST opened at $50.91 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.71 and a 12 month high of $51.13. The firm’s 50 day simple moving average is $50.93 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.