Apollon Wealth Management LLC Buys 348 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Apollon Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 7,244 shares of the company’s stock after purchasing an additional 348 shares during the quarter. Apollon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $369,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. IMS Capital Management increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.9% in the first quarter. IMS Capital Management now owns 5,350 shares of the company’s stock valued at $271,000 after acquiring an additional 200 shares during the period. Guardian Asset Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 5.2% in the second quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock valued at $226,000 after acquiring an additional 221 shares during the period. Harbour Investments Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% in the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock valued at $556,000 after acquiring an additional 238 shares during the period. HTLF Bank increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.2% in the second quarter. HTLF Bank now owns 7,909 shares of the company’s stock valued at $401,000 after acquiring an additional 243 shares during the period. Finally, Essex Savings Bank increased its stake in JPMorgan Ultra-Short Municipal ETF by 4.6% in the third quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock valued at $322,000 after acquiring an additional 276 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

BATS JMST opened at $50.82 on Monday. The company has a fifty day simple moving average of $50.82 and a 200-day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

About JPMorgan Ultra-Short Municipal ETF

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.