JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 323,330 shares of the company’s stock after purchasing an additional 39,033 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $16,470,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in JMST. Rice Partnership LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $43,000. US Bancorp DE grew its stake in shares of 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 valued at $59,000 after buying an additional 653 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $71,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $80,000. Finally, Core Wealth Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $83,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1%

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.79 and a twelve month high of $51.13. The business’s fifty day moving average price is $50.91 and its 200 day moving average price is $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.