Carter Financial LLC Buys Shares of 10,692 JPMorgan Ultra-Short Municipal ETF $JMST

Carter Financial LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,692 shares of the company’s stock, valued at approximately $545,000. JPMorgan Ultra-Short Municipal ETF accounts for approximately 0.5% of Carter Financial LLC’s investment portfolio, making the stock its 15th largest holding.

Other institutional investors have also modified their holdings of the company. Corient Private Wealth LLC grew its position in 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 buying an additional 520,911 shares during the last quarter. NCM Capital Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 4.8% in the 4th quarter. NCM Capital Management LLC now owns 66,765 shares of the company’s stock valued at $3,401,000 after buying an additional 3,035 shares during the period. Thryve Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $1,082,000. Cambient Family Office LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $1,004,000. Finally, Axxcess Wealth Management LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 13.7% during the 4th quarter. Axxcess Wealth Management LLC now owns 323,330 shares of the company’s stock worth $16,470,000 after buying an additional 39,033 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.96 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.79 and a one year high of $51.13. The company has a fifty day moving average of $50.92 and a 200-day moving average of $50.98.

JPMorgan Ultra-Short Municipal ETF 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.