Global Strategic Investment Solutions LLC Has $21.46 Million Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Global Strategic Investment Solutions LLC cut its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 420,940 shares of the company’s stock after selling 11,264 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 2.1% of Global Strategic Investment Solutions LLC’s investment portfolio, making the stock its 13th largest position. Global Strategic Investment Solutions LLC owned approximately 0.53% of JPMorgan Ultra-Short Municipal ETF worth $21,460,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. US Bancorp DE grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after buying an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $71,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $80,000. Core Wealth Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $83,000. Finally, Park Place Capital Corp lifted its stake in JPMorgan Ultra-Short Municipal ETF by 118.3% in the fourth quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after acquiring an additional 952 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.93 on Tuesday. The firm has a 50 day moving average of $50.92 and a two-hundred day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.81 and a 12 month high of $51.13.

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.