NewEdge Advisors LLC Grows Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

NewEdge Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 62.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 427,220 shares of the company’s stock after buying an additional 164,868 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $21,754,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its position in JPMorgan Ultra-Short Municipal ETF by 414.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after acquiring an additional 414 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $26,000. Park Place Capital Corp purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $41,000. Atlantic Union Bankshares Corp acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth $42,000. Finally, Briaud Financial Planning Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $45,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.3%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.92 on Thursday. The stock has a fifty day moving average price of $50.93 and a 200 day moving average price of $50.89. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98.

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.