Private Advisor Group LLC Grows Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Private Advisor Group LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 24.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,369 shares of the company’s stock after acquiring an additional 18,887 shares during the quarter. Private Advisor Group LLC owned 0.19% of JPMorgan Ultra-Short Municipal ETF worth $4,938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 22.7% during the fourth quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock worth $874,000 after acquiring an additional 3,192 shares during the period. International Assets Investment Management LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% during the 3rd quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock valued at $6,287,000 after purchasing an additional 121,800 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after purchasing an additional 70,821 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 14.4% in the 4th quarter. Stratos Wealth Partners LTD. now owns 41,649 shares of the company’s stock worth $2,112,000 after buying an additional 5,232 shares during the last quarter. Finally, Townsquare Capital LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 29.3% during the third quarter. Townsquare Capital LLC now owns 9,815 shares of the company’s stock valued at $500,000 after buying an additional 2,227 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.86 on Friday. The stock’s 50-day moving average is $50.80 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.