JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by IMZ Advisory Inc

IMZ Advisory Inc lessened its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 23.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 84,676 shares of the company’s stock after selling 25,327 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for approximately 1.6% of IMZ Advisory Inc’s portfolio, making the stock its 13th biggest position. IMZ Advisory Inc owned about 0.11% of JPMorgan Ultra-Short Municipal ETF worth $4,322,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Belpointe Asset Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $259,000. Cooper Financial Group raised its position in JPMorgan Ultra-Short Municipal ETF by 22.2% in the third quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock valued at $8,078,000 after purchasing an additional 28,746 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 158.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 13,479 shares of the company’s stock valued at $686,000 after purchasing an additional 8,270 shares during the last quarter. KM Capital Management Ltd. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 56.9% during the 2nd quarter. KM Capital Management Ltd. now owns 63,951 shares of the company’s stock worth $3,256,000 after purchasing an additional 23,181 shares during the period. Finally, Franklin Resources Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% during the 2nd quarter. Franklin Resources Inc. now owns 216,874 shares of the company’s stock worth $11,043,000 after purchasing an additional 31,098 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

BATS JMST opened at $50.96 on Friday. The firm’s 50-day moving average is $50.93 and its two-hundred day moving average is $50.90. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98.

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.