JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,564 shares of the company’s stock after selling 20,683 shares during the quarter. Rockefeller Capital Management L.P. owned 0.27% of JPMorgan Ultra-Short Municipal ETF worth $10,981,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. US Bancorp DE lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after purchasing an additional 653 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $71,000. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $80,000. Core Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $83,000. Finally, Park Place Capital Corp raised its holdings in JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after buying an additional 952 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.97 on Thursday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.79 and a one year high of $51.13. The firm has a 50-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.