Forza Wealth Management LLC Raises Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Forza Wealth Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 111,200 shares of the company’s stock after acquiring an additional 10,000 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for about 2.2% of Forza Wealth Management LLC’s holdings, making the stock its 8th largest position. Forza Wealth Management LLC owned 0.14% of JPMorgan Ultra-Short Municipal ETF worth $5,676,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Comerica Bank raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 77.7% in the first quarter. Comerica Bank now owns 10,664 shares of the company’s stock valued at $542,000 after purchasing an additional 4,664 shares in the last quarter. Royal Bank of Canada boosted its stake in JPMorgan Ultra-Short Municipal ETF by 10.3% during the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after buying an additional 37,544 shares in the last quarter. AQR Capital Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 48.3% in the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock valued at $713,000 after buying an additional 4,561 shares during the period. Coppell Advisory Solutions LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 16,543.5% in the 1st quarter. Coppell Advisory Solutions LLC now owns 17,975 shares of the company’s stock valued at $994,000 after buying an additional 17,867 shares during the period. Finally, SageView Advisory Group LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at $334,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.4%

BATS:JMST opened at $50.97 on Tuesday. The company has a 50-day moving average of $50.94 and a 200-day moving average of $50.91. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $50.98.

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.