JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Philip James Wealth Mangement LLC

Philip James Wealth Mangement LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 282.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 27,160 shares of the company’s stock after acquiring an additional 20,056 shares during the period. Philip James Wealth Mangement LLC owned approximately 0.05% of JPMorgan Ultra-Short Municipal ETF worth $1,384,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMST. BNP Paribas Financial Markets lifted its position in JPMorgan Ultra-Short Municipal ETF by 362,975.0% during the 1st quarter. BNP Paribas Financial Markets now owns 14,523 shares of the company’s stock worth $737,000 after acquiring an additional 14,519 shares in the last quarter. PFG Advisors increased its holdings in JPMorgan Ultra-Short Municipal ETF by 3.8% during the 1st quarter. PFG Advisors now owns 6,993 shares of the company’s stock worth $355,000 after purchasing an additional 258 shares during the last quarter. Significant Wealth Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $350,000. Concurrent Investment Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 27.1% during the 1st quarter. Concurrent Investment Advisors LLC now owns 8,337 shares of the company’s stock worth $423,000 after purchasing an additional 1,778 shares during the last quarter. Finally, Williams Jones Wealth Management LLC. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $459,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST stock traded up $0.06 during midday trading on Friday, hitting $50.69. 414,529 shares of the company’s stock were exchanged. The business has a 50-day moving average of $50.83 and a 200 day moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1451 per share. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.