JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Fulton Bank N.A.

Fulton Bank N.A. increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 30.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,490 shares of the company’s stock after purchasing an additional 11,751 shares during the quarter. Fulton Bank N.A. owned 0.06% of JPMorgan Ultra-Short Municipal ETF worth $2,574,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Directional Asset Management acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $2,157,000. Revolve Wealth Partners LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $693,000. Bolthouse Investments LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 117.0% during the fourth quarter. Bolthouse Investments LLC now owns 36,445 shares of the company’s stock valued at $1,857,000 after purchasing an additional 19,650 shares during the last quarter. Great Point Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.6% in the 4th quarter. Great Point Wealth Advisors LLC now owns 161,970 shares of the company’s stock valued at $8,251,000 after purchasing an additional 23,030 shares during the period. Finally, Beacon Investment Advisory Services Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 23.1% in the 4th quarter. Beacon Investment Advisory Services Inc. now owns 97,202 shares of the company’s stock worth $4,951,000 after purchasing an additional 18,212 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.90 on Thursday. The stock’s 50-day moving average price is $50.92 and its two-hundred day moving average price is $50.98. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.80 and a 1 year 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.