Capital Asset Advisory Services LLC Purchases 67,055 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Capital Asset Advisory Services LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 23.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 348,929 shares of the company’s stock after acquiring an additional 67,055 shares during the quarter. Capital Asset Advisory Services LLC owned approximately 0.44% of JPMorgan Ultra-Short Municipal ETF worth $17,778,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JMST. Sage Mountain Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $30,055,000. Corient Private Wealth LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 139.9% in the 4th quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock valued at $45,506,000 after purchasing an additional 520,911 shares in the last quarter. Bank of America Corp DE lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 13.8% in the 3rd quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock worth $193,266,000 after purchasing an additional 460,157 shares during the period. HB Wealth Management LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% in the 4th quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock worth $110,943,000 after purchasing an additional 444,793 shares during the period. Finally, WCG Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 262.3% during the fourth quarter. WCG Wealth Advisors LLC now owns 493,050 shares of the company’s stock valued at $25,116,000 after purchasing an additional 356,972 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.2%

BATS JMST opened at $50.90 on Thursday. The firm’s 50 day moving average price is $50.92 and its 200-day moving average price is $50.98. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.80 and a 52-week high of $51.13.

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.