JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,261,630 shares of the company’s stock after buying an additional 161,844 shares during the quarter. Bank of New York Mellon Corp owned about 1.58% of JPMorgan Ultra-Short Municipal ETF worth $64,318,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Root Financial Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 1st quarter. Root Financial Partners LLC now owns 39,321 shares of the company’s stock worth $2,005,000 after acquiring an additional 225 shares in the last quarter. Narus Financial Partners LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 0.7% in the first quarter. Narus Financial Partners LLC now owns 34,970 shares of the company’s stock valued at $1,783,000 after acquiring an additional 240 shares during the last quarter. Schwallier Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 4.3% in the fourth quarter. Schwallier Wealth Management LLC now owns 6,761 shares of the company’s stock valued at $346,000 after acquiring an additional 278 shares in the last quarter. Equitable Holdings Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% in the third quarter. Equitable Holdings Inc. now owns 28,263 shares of the company’s stock valued at $1,443,000 after acquiring an additional 285 shares in the last quarter. Finally, Philip James Wealth Mangement LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 0.6% in the fourth quarter. Philip James Wealth Mangement LLC now owns 46,281 shares of the company’s stock valued at $2,358,000 after acquiring an additional 294 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

Shares of JMST stock opened at $50.85 on Thursday. The stock’s 50-day moving average is $50.92 and its two-hundred day moving average is $50.97. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.83 and a 1 year 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.