Alpha Omega Wealth Management LLC Reduces Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Alpha Omega Wealth Management LLC reduced its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 12,974 shares of the company’s stock after selling 1,109 shares during the quarter. Alpha Omega Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $658,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of JMST. River Street Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $30,000. Legacy Investment Solutions LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $80,000. Key Financial Inc lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares during the period. Finally, Centaurus Financial Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $50.89 on Friday. The firm has a 50-day moving average price of $50.80 and a two-hundred day moving average price of $50.82.

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.