Salomon & Ludwin LLC Has $58.56 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Salomon & Ludwin LLC grew its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,150,038 shares of the company’s stock after purchasing an additional 133,284 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up approximately 5.3% of Salomon & Ludwin LLC’s holdings, making the stock its 4th biggest holding. Salomon & Ludwin LLC owned about 1.44% of JPMorgan Ultra-Short Municipal ETF worth $58,560,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Blue Oak Capital LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 4.5% during the second quarter. Blue Oak Capital LLC now owns 5,446 shares of the company’s stock valued at $277,000 after buying an additional 237 shares in the last quarter. Rooted Wealth Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.2% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 21,213 shares of the company’s stock valued at $1,080,000 after acquiring an additional 246 shares during the last quarter. Intergy Private Wealth LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.6% during the 3rd quarter. Intergy Private Wealth LLC now owns 16,223 shares of the company’s stock valued at $828,000 after acquiring an additional 260 shares in the last quarter. McCarthy & Cox raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 3.1% during the 3rd quarter. McCarthy & Cox now owns 9,320 shares of the company’s stock valued at $476,000 after acquiring an additional 276 shares in the last quarter. Finally, Confluence Wealth Services Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 3.0% during the second quarter. Confluence Wealth Services Inc. now owns 10,400 shares of the company’s stock worth $530,000 after purchasing an additional 300 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

JPMorgan Ultra-Short Municipal ETF stock opened at $50.95 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $50.98. The company has a fifty day moving average price of $50.94 and a two-hundred day moving average price of $50.91.

JPMorgan Ultra-Short Municipal ETF Company 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.