Clear Point Advisors Inc. decreased its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 8.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 34,455 shares of the company’s stock after selling 3,212 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.4% of Clear Point Advisors Inc.’s holdings, making the stock its 15th largest position. Clear Point Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,748,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in JMST. Chris Bulman Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $35,000. Financial Perspectives Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $40,000. GAMMA Investing LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth about $50,000. Larson Financial Group LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $50,000. Finally, Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth approximately $51,000.
JPMorgan Ultra-Short Municipal ETF Stock Performance
BATS JMST opened at $50.94 on Wednesday. The business’s fifty day moving average price is $50.86 and its 200 day moving average price is $50.74.
JPMorgan Ultra-Short Municipal ETF Increases Dividend
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.
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Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report).
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