JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by HB Wealth Management LLC

HB Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 17.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,551,982 shares of the company’s stock after buying an additional 374,070 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 0.8% of HB Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest holding. HB Wealth Management LLC owned 3.20% of JPMorgan Ultra-Short Municipal ETF worth $130,100,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sage Mountain Advisors LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $30,055,000. Corient Private Wealth LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 139.9% in the fourth quarter. Corient Private Wealth LLC now owns 893,211 shares of the company’s stock worth $45,506,000 after purchasing an additional 520,911 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 13.8% during the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after purchasing an additional 460,157 shares during the period. WCG Wealth Advisors LLC increased its holdings 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 during the period. Finally, SouthState Bank Corp raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 6,341.9% during the fourth quarter. SouthState Bank Corp now owns 286,731 shares of the company’s stock valued at $14,606,000 after purchasing an additional 282,280 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.93 on Friday. The firm’s 50-day simple moving average is $50.92 and its 200 day simple moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.80 and a fifty-two week high of $51.13.

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.