Canvas Wealth Advisors LLC Acquires 43,933 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Canvas Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 160.3% during the first quarter, Holdings Channel reports. The firm owned 71,333 shares of the company’s stock after buying an additional 43,933 shares during the period. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,637,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Red Mountain Financial LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.2% during the 1st quarter. Red Mountain Financial LLC now owns 42,219 shares of the company’s stock worth $2,152,000 after buying an additional 3,562 shares during the period. Appleton Partners Inc. MA grew its position in JPMorgan Ultra-Short Municipal ETF by 5.0% in the first quarter. Appleton Partners Inc. MA now owns 125,568 shares of the company’s stock valued at $6,401,000 after acquiring an additional 5,996 shares during the period. Ascentis Independent Advisors bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at $412,000. Syntegra Private Wealth Group LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 14.5% during the first quarter. Syntegra Private Wealth Group LLC now owns 147,968 shares of the company’s stock worth $7,543,000 after acquiring an additional 18,729 shares in the last quarter. Finally, HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 17.2% during the first quarter. HB Wealth Management LLC now owns 2,551,982 shares of the company’s stock worth $130,100,000 after acquiring an additional 374,070 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.93 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.81 and a 52-week high of $51.13. The business has a fifty day moving average of $50.92 and a two-hundred day moving average of $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.