23,560 Shares in JPMorgan Ultra-Short Municipal ETF $JMST Acquired by Bristlecone Value Partners LLC

Bristlecone Value Partners LLC bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 23,560 shares of the company’s stock, valued at approximately $1,200,000. JPMorgan Ultra-Short Municipal ETF makes up 1.4% of Bristlecone Value Partners LLC’s investment portfolio, making the stock its 19th largest position.

A number of other institutional investors also recently bought and sold shares of the stock. Rice Partnership LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $43,000. US Bancorp DE raised its position in JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after buying an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $71,000. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $80,000. Finally, Core Wealth Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $83,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.91 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.79 and a 12-month high of $51.13. The firm has a 50 day moving average of $50.91 and a two-hundred day moving average of $50.98.

JPMorgan Ultra-Short Municipal ETF Company 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.