1ST Source Bank Acquires New Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

1ST Source Bank bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,000 shares of the company’s stock, valued at approximately $1,020,000.

Several other hedge funds have also recently bought and sold shares of the stock. Sage Mountain Advisors LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $30,055,000. Corient Private Wealth LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 139.9% during the 4th 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 raised its stake 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 valued at $193,266,000 after purchasing an additional 460,157 shares during the period. HB Wealth Management LLC raised its stake 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 valued at $110,943,000 after purchasing an additional 444,793 shares during the period. Finally, WCG Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 262.3% in 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 Stock Down 0.0%

JMST stock opened at $50.92 on Thursday. The business has a 50-day moving average of $50.92 and a 200-day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.83 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.